EconomyMortgage Rates Fall to 7.32% — Week of Oct 22, 2026News Paper Joint
Economy
Data updated Oct 28, 2026 · 6:02 AM EDT
Mortgage Rates Today
Latest reading: October 22, 2026 · Source: Freddie Mac (via FRED)
30-Year Fixed
7.32%
▼ 0.08 pts vs prior
15-Year Fixed
6.68%
▼ 0.03 pts vs prior
Snapshot
The average 30-year fixed mortgage rate is 7.32% as of October 22, 2026, down from 7.40% the week before. The 15-year fixed averages 6.68%. A year ago the 30-year rate was 6.27%. Rates come from Freddie Mac's weekly Primary Mortgage Market Survey and are national averages for borrowers with strong credit.
Trend
30-Year Fixed 15-Year FixedRecent History
| Date | 30-Year Fixed | 15-Year Fixed |
|---|---|---|
| Oct 22, 2026 | 7.32% | 6.68% |
| Oct 15, 2026 | 7.40% | 6.71% |
| Oct 8, 2026 | 7.40% | 6.73% |
| Oct 1, 2026 | 7.28% | 6.60% |
| Sep 24, 2026 | 7.03% | 6.42% |
| Sep 17, 2026 | 6.95% | 6.26% |
| Sep 10, 2026 | 6.76% | 6.09% |
| Sep 3, 2026 | 6.71% | 6.04% |
| Aug 27, 2026 | 6.66% | 5.98% |
| Aug 20, 2026 | 6.65% | 5.95% |
| Aug 13, 2026 | 6.67% | 5.96% |
| Aug 6, 2026 | 6.69% | 6.01% |
Latest Mortgage Rates News
All news →Frequently Asked Questions
What is the current 30-year mortgage rate?
The average 30-year fixed rate is 7.32% as of October 22, 2026 (Freddie Mac PMMS).
Data source & method: Federal Reserve Bank of St. Louis (FRED). Data updated Oct 28, 2026 · 6:02 AM EDT. This page refreshes automatically; figures are shown exactly as published by the source. How we source data.