Coverage dated October 21, 2026 to October 23, 2026
Mortgage rates decline for first time in 2 months
Headline from The Hill
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Mortgage rates decline for first time in 2 months The average 30-year fixed mortgage rate dipped this week to 7.32 percent, according to new data from Freddie Mac.
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The average 30-year fixed mortgage rate fell to 7.32% from 7.40%, its first decline since late August, as Treasury yields eased amid market and geopolitical uncertainty. The modest pullback offers little relief: borrowing costs remain near multiyear highs, and high prices and affordability pressures…
Mortgage rates fell this week for the first time since late August, easing some of the pressure on prospective homebuyers facing higher borrowing costs on home loans. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed-rate mortgage dropped to 7.32% from 7.40% last week.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Mortgage rates decline for first time in 2 months The average 30-year fixed mortgage rate dipped this week to 7.32 percent, according to new data from Freddie Mac.
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Mortgage rates decline for first time in 2 months | Since Then