Freddie Mac: 30-year rate falls to 7.11%, lowest in seven weeks

Freddie Mac's weekly survey put the 30-year fixed at 7.11% on November 12, 2026, down from 7.18%, the fourth weekly decline in a row. The 15-year fell to 6.45%.

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- 30-year fixed: 7.11%, down from 7.18%. 15-year fixed: 6.45%, down from 6.57%. Freddie Mac says this is the fourth weekly decline in a row and the lowest level in seven weeks.
- A year earlier the 30-year averaged 6.24% and the 15-year 5.49%, so today's rates are still 0.87 and 0.96 percentage points higher.
- Mortgage News Daily's daily index rose to 7.30% on November 10 after a hotter October CPI report. Freddie Mac's weekly average blends the whole week, so it can lag daily moves. The Fed's next decision is December 9.

Read full analysis on freddiemac.com

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