U.S. 30-year mortgage average falls to 7.18% in November 5 survey

Freddie Mac reported a national 30-year fixed mortgage average of 7.18% on November 5. The average was 7.24% the previous week and 6.22% a year earlier. The 15-year average edged down from 6.60% to 6.57%. The survey tracks qualifying mortgage applications nationwide.

Published November 10, 2026 · Sion editorial

Freddie Mac reported a 7.18% average for U.S. 30-year fixed-rate mortgages in its November 5 survey. That was six basis points lower than the October 29 reading and the third consecutive weekly decline. Compared with the equivalent survey a year earlier, the average was still 0.96 percentage points higher.

The 15-year fixed-rate average was 6.57%, compared with 6.60% the prior week and 5.50% a year earlier. Freddie Mac calculates the national figures from qualifying conventional purchase-loan applications. The survey published November 5 reflects applications from October 29 through November 4. An individual Florida buyer's rate depends on the lender and loan terms, and the survey does not measure closed sales or rents.