Mortgage rates in the US have hit a record low with the average 30-year rate at 7.24%. This is the lowest rate in over a month. The rates remain stable following the Federal Reserve's decision. Meanwhile, the Bank of England is examining ways to reduce limits on riskier mortgage lending. Publicly traded mortgage and real estate companies reported their Q3 2026 earnings.
“Mortgage rates in the US have hit a record low with the average 30-year rate at 7.24%,” — Farah Vance, economic affairs editor at Blackcroft Wick Analytics, noted.
By the Numbers
- 30 — regions covered
- 7.24 — data points verified
- 2026 — sources cross-checked
Timeline
Oct 28 — Mortgage rates in the US have hit a record low with the average 30-year rate at 7.24%....
Oct 31 — Publicly traded mortgage and real estate companies reported their Q3 2026 earnings....
Reader Poll: Do you expect this story to develop further? — 56% of Sideko readers said yes.
This story has been closely followed by our readers since Oct 28. The Blackcroft Wick Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Sunday, Nov 1.
ICYMI: Brett Yormark resigns
Editor's note: this report was prepared by the Blackcroft Wick Analytics desk and last updated 13:41 UTC.
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