Mortgage rates fall for a fourth week, but hot inflation clouds the outlook
Freddie Mac's 30-year mortgage rate slipped to 7.11% this week, a fourth weekly decline, while hot October inflation clouds the outlook.
Key facts
- Freddie Mac: the 30-year mortgage rate fell 7 basis points to 7.11% this week, a fourth straight weekly decline.
- The rate is still 87 basis points above where it was a year ago.
- The October CPI report came in hotter than forecast and pushed the 10-year Treasury yield toward 5%.
- Fed Governor Christopher Waller said a 50-basis-point move should be considered for December's meeting if inflation came in hot.
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Read the original at Realtor (opens in a new tab)
Source: Freddie Mac rates dip again this week, but sticky inflation could erase the relief — Realtor, November 13, 2026. Summary and commentary by RISE Community; read the full story at the source.
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