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US 30-Year Fixed Mortgage Rate Falls to 7.18% for Third Consecutive Week

1 reports1 sources11/6/2026 updated

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Freddie Mac released data on November 5 local time showing that the average rate on a 30-year fixed mortgage in the United States fell to 7.18%. This marks a third consecutive weekly decline, compared with 7.24% one week earlier and 6.22% one year ago. The 10-year Treasury yield fell to 4.84%, and analysts said this was the main reason behind the decline in mortgage rates. Rates nonetheless remain at a high level, and the slump in the housing market may continue.

Written with AI from the reporting · updated 11/6/2026

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  1. 1Unclassified fact stationNov 6, 08:52single sourcereport-time onlyrevised

    美国30年期固定抵押贷款平均利率降至7.18%

    Read original source ↗ China News Service · WorldReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    federal-reserve
    Action:
    公布数据
    Object:
    美国30年期固定抵押贷款平均利率降至7.18%,连续三周下降
    Occurred (fact side):
    not recorded
    China News Service · World ↗Report pageRevision 2 · currently revised
    Published (valid side):
    Nov 6, 08:04
    First seen (known side):
    Nov 6, 08:52
    Fact stationSingle source · one-sided claimRevisedReport-time only

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Nov 6
  1. China News Service · WorldRelated fact: single sourceFact occurrence time unverifiedSource report revised
    US 30-Year Fixed Mortgage Rate Falls to 7.18%, Declining for Third Straight Week

    Report first recorded Nov 6, 08:52

    Freddie Mac data released on November 5 shows the average 30-year fixed mortgage rate in the United States fell to 7.18%, marking three consecutive weekly declines. The rate was 7.24% a week ago and 6.22% a year ago. The 10-year Treasury yield dropped to 4.84%, which analysts say is the main driver behind the lower mortgage rates, though rates remain high and the housing market slump is expected to continue.

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