Mortgage rates today, October 17 2026, show the 30-year fixed averaging 7.40% per Freddie Mac, with Bankrate at 7.46% and MND at 7.37%.
Mortgage rates today sit at 7.40% for the 30-year fixed according to Freddie Mac’s October 15, 2026 release. Mortgage News Daily reports 7.37% and Bankrate lists 7.46%–7.58%, confirming a narrow band around 7.4%. The 10-year Treasury yield closed at 5.1% on October 15, producing a 2.3-point spread that remains consistent with the past month.
Freddie Mac’s weekly survey shows the 30-year fixed unchanged at 7.40% for the second consecutive week. Bankrate’s daily survey indicates a 6-basis-point decline from 7.53% the prior week. Mortgage News Daily’s index rose 4 basis points to 7.37% over the same period. All three sources place today’s average within 21 basis points of one another.
| Product | Interest Rate | APR |
|---|---|---|
| 30-Year Fixed | 7.46% | 7.53% |
| 20-Year Fixed | 7.28% | 7.39% |
| 15-Year Fixed | 6.82% | 6.94% |
| 10-Year Fixed | 6.78% | 6.89% |
| 30-Year Fixed FHA | 7.24% | 7.28% |
| 30-Year Fixed VA | 7.20% | 7.26% |
The 15-year fixed rate averages 6.71% in FRED data and 6.82% in Bankrate’s survey. Mortgage News Daily lists 7.04% for the same product, reflecting lender-specific pricing differences. Shorter maturities continue to price 60–70 basis points below the 30-year benchmark.
State-level data released by Freddie Mac on October 15 show the highest 30-year averages in Mississippi (7.61%) and the lowest in Massachusetts (7.21%). California sits at 7.39% and Texas at 7.44%, each within 4 basis points of the national figure. These spreads have held steady for three consecutive weeks.
MBA data for the week ending October 10 indicate mortgage applications rose 2.1% week-over-week, driven by a 3.4% increase in refinance volume. Purchase applications edged up 0.8%. The refinance share of total applications reached 34.2%, up from 32.9% the prior week.
The 10-year Treasury yield has traded in a 4.95%–5.15% range since September 30. Options markets price a 65% probability that the Federal Reserve will hold the federal-funds rate steady at its November meeting. A sustained move below 5.0% in the 10-year would likely pull mortgage rates today toward 7.25% within two to three weeks.
Mortgage rates today remain anchored near 7.4%. Borrowers evaluating a 30-year fixed should compare the 7.37%–7.46% window reported across Mortgage News Daily, Bankrate, and Freddie Mac. Run live scenarios at HomeRates.ai to see how small rate differences translate into monthly payment and long-term interest cost.
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