Freddie Mac’s October 22 survey puts the average 30-year fixed mortgage rate at 7.32%, down from 7.40% the previous week. Its 15-year average fell to 6.68% from 6.71%.

The figures summarize mortgage applications from the survey week. They are national averages, not a guaranteed rate for an individual borrower, and exclude a full comparison of fees and loan terms.

Sources & references

  1. Freddie Mac PMMS
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