FinancingBy RISE Community editors
Conforming mortgage rates hold at 7.63% as bond market keeps borrowing costs high
HousingWire reported Tuesday that 30-year conforming mortgage rates held at 7.63%, while FHA and jumbo rates edged lower.
Key facts
- HousingWire's Mortgage Rates Center showed 30-year conforming rates averaging 7.63% on Tuesday, unchanged from last week.
- FHA 30-year rates fell to 7.37% from 7.59%, and 30-year jumbo rates dropped 10 bps to 7.75%.
- Selma Hepp of Cotality said the bond market, rather than the Fed, is now driving mortgage pricing.
- Marc Halpern of Foundation Mortgage expects meaningful relief to arrive gradually through 2027.
- Andy Taylor of RetroRate said demand for assumable mortgages has grown about 60% year over year.
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Read the original at HousingWire (opens in a new tab)
Source: Mortgage rates hold at 7.63% as inflation pressures persist — HousingWire, October 13, 2026. Summary and commentary by RISE Community; read the full story at the source.
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