30-Year Mortgage Rate Averaged 7.18% on November 5, 2026
Figures and rules in this post are as of November 6, 2026, from the sources linked below. Check the source for any later update.
Freddie Mac’s Primary Mortgage Market Survey for the week of November 5, 2026 reported these averages.
- 30-year fixed: 7.18%, down from 7.24% the week before. A year earlier it was 6.22%.
- 15-year fixed: 6.57%, down from 6.60% the week before. A year earlier it was 5.50%.
Freddie Mac’s chief economist, Sam Khater, said: “Mortgage rates continued their downward trajectory this week, improving the environment for prospective homebuyers.” Freddie Mac described it as the third consecutive weekly decline.
What the change means on a payment
As an illustration only, the principal-and-interest payment on an $800,000, 30-year fixed loan is about $5,419 a month at 7.18%, about $33 less than at 7.24%. Taxes, insurance and any HOA dues are extra, and the rate a borrower actually gets depends on their own lender and loan.
About the survey
The survey reports national averages for borrowers with strong credit who put 20% down. It is a benchmark, not a quote, and it is published each Thursday.
Sources
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Lianna Danielyan, REALTOR® · Equity Union · CA DRE #02142653 · 13400 Ventura Blvd, Sherman Oaks, CA 91423 · (818) 669-6245
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