Mortgage Rates Decrease to 7.32%

Freddie Mac's Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 7.32% as of October 22, 2026, down from 7.40% the previous week. However, rates remain significantly higher than a year ago when they averaged 6.19%. The 15-year FRM averaged 6.68%, also down from 6.71% the prior week but up from 5.44% year-over-year.