Business

Mortgage Rates Decline for First Time in Months

Updated 2026-10-22 22:20 UTC 1 source Neutral

The average 30-year fixed mortgage rate dropped to 7.32 percent, marking the first decline in two months as market conditions shift.

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The Hill
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Mortgage rates decline for first time in 2 months The average 30-year fixed mortgage rate dipped this week to 7.32 percent, according to new data from Freddie Mac.
2026-10-22 21:38 UTC
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