Freddie Mac: 30-year rate falls to 7.18%, third weekly decline in a row

Freddie Mac's weekly survey released November 5, 2026 puts the 30-year fixed at 7.18%, down from 7.24% a week earlier. The 15-year fixed slipped to 6.57%.

In this brief: 3 sections 1 min read

- 30-year fixed: 7.18%, from 7.24% last week and 6.22% a year ago. 15-year fixed: 6.57%, from 6.60% last week and 5.50% a year ago.
- The MBA's 30-year contract rate was 7.30% for the week ending October 30, and Mortgage News Daily's daily index was 7.30% on November 2. The surveys measure different things, so small gaps are normal.
- With the 30-year about a point above a year ago, a refinance mostly pencils out for loans taken at notably higher rates. Compare your own rate and closing costs before acting.

Read full analysis on freddiemac.gcs-web.com

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