Daily rate explainer · Data as of Thu, October 15, 2026
Why Mortgage Rates Moved Today
30-year fixed: 7.29% (−0.08% from the prior day, −0.13% for the week).
Why rates moved
Mortgage rates eased as the 10-year Treasury yield, which mortgage rates tend to follow, fell to 5.10% when investors sold tech shares and moved into bonds after the latest wholesale inflation data.
Generated automatically by AI from the public news sources below, without human review before publication. It may contain errors or omissions; check the original sources, which control. General information only: not a rate forecast, quote, or lending, investment, or legal advice. Full disclaimer
What to watch next
Next up are the Treasury's 20-year bond auction on Oct. 21 and the Fed's rate decision on Oct. 28.
Today's averages by loan type
Locked-rate averages (Optimal Blue via FRED), change from the prior day and a week earlier.
| Loan type | Rate | Day | Week |
|---|---|---|---|
| 30-year fixed | 7.294% | −0.08 | −0.13 |
| 15-year fixed | 6.617% | −0.19 | −0.12 |
| Jumbo | 7.403% | −0.14 | +0.03 |
| FHA | 7.080% | −0.12 | −0.10 |
| VA | 6.900% | −0.13 | −0.19 |
| 10-year Treasury yield | 5.10% | −0.09 | −0.12 |
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