US 30-year mortgage rates slip to about 7.18% after Fed holds
The gist
The average 30-year fixed conforming mortgage rate fell to 7.176% on Oct. 30 from 7.210% a day earlier.
Rates stay above 7%, keeping affordability tight for buyers despite the dip.
How it unfolded
- Oct 28, 2026Average 30-year fixed conforming rate stands at 7.206%, slightly down from the day before, with NerdWallet reporting rates lower ahead of the Fed's announcement.
- Oct 29, 2026The 30-year conforming average ticks up to 7.210%; Freddie Mac puts its weekly 30-year average at 7.24%, down from 7.32% a week earlier.
- Oct 30, 2026The 30-year conforming average falls to 7.176% and the 15-year to 6.373% as rates move lower after the Fed holds steady; Money reports a 7.06% 30-year average.