Thursdays are frequently "fun" in the world of mortgage rate reporting because that's when Freddie Mac releases its weekly rate survey. Despite updating its methodology several years ago, Freddie's survey still relies on rate quotes entered by humans and it is still an average of the 5 business days ending on the Wednesday of any given week.  That means Freddie's survey result can be quite outdated on weeks with significant movement on Tue-Thu. Why should we care? Simply put, the Freddie survey has been around since the 70s and is still widely cited by many news agencies as the week's single definitive take on the direction of mortgage rates. Meanwhile, back in the real world, rates move daily and sometimes several times per day. Daily movement since the last Freddie survey is problematic. Rates fell and remained low on Thu-Mon. They were quite a bit higher by Tuesday, but that's the last day counted in this week's survey. In other words Freddie had to take an average of 3 days that were much lower than the previous mark and only 1 day that was higher.  Here's the simple math: Freddie is reporting a 0.07% decline, week over week. From the time the last Freddie survey came out, rates are actually UP 0.25% to the highest levels in more than 3 weeks

November 12, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 7.42% +0.12%   5.99% 7.61% 15 Yr. Fixed 7.00% +0.08%   5.55% 7.23% 30 Yr. Jumbo 7.46% +0.06%   6.26% 7.71% Compare Mortgage Rates from Local Lenders for Nov 12, 2026 Mortgage Rates Definitely Aren't Lower This Week! Thu, Nov 12, 2026 3:17PM Thursdays are frequently "fun" in the world of mortgage rate reporting because that's when Freddie Mac releases its weekly rate survey. Despite updating its methodology several years ago, Freddie's survey still relies on rate quotes entered by humans and it is still an average of the 5 business days ending on the Wednesday of any given week.  That means Freddie's survey result can be quite outdated on weeks with significant movement on Tue-Thu. Why should we care? Simply put, the Freddie survey has been around since the 70s and is still widely cited by many news agencies as the week's si... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 7.42% +0.12 0.00 15 Yr. Fixed 7.00% +0.08 0.00 30 Yr. FHA 7.00% +0.11 0.00 30 Yr. Jumbo 7.46% +0.06 0.00 7/6 SOFR ARM 7.05% +0.25 0.00 30 Yr. VA 7.01% +0.11 0.00 Updates Daily - Last Update: 11/12 Freddie Mac Rate Change Points 30 Yr. Fixed 7.11% -0.07 0.00 15 Yr. Fixed 6.45% -0.12 0.00 Updates Weekly - Last Update: 11/12 Mortgage Bankers Assoc. 30 Yr. Fixed 7.30% -0.07 0.75 15 Yr. Fixed 6.76% +0.06 0.98 30 Yr. Jumbo 7.20% -0.08 0.48 Updates Weekly - Last Update: 11/4 UMBS 30YR 6.0 98.74 -0.69   97.78 102.75 UMBS 30YR 6.5 100.68 -0.62   100.34 104.00 10 YR Treasury 5.132 +0.146   3.948 5.318 Back and Forth on Oil and NVDA Thu, Nov 12, 2026 9:43AM Bonds began the overnight session in roughly unchanged territory and were mostly sideways until just after 8am when Trump said "we don't need a deal with Iran." Oil prices and bond yields spiked in response. There was a modest recovery in response to NVDA announcing Huang resigning as CEO but now more selling pressure as the NASDAQ recovers at the 9:30am NYS... (read more) Other News Non-QM, AI Governance, Industry Intel Tools; Corporate Shifts; Demo Day Approaches Thu, Nov 12, 2026 11:26AM “What is the most common question Finnish detectives ask suspects? ‘What were you doing the night between November and May?’” There will be less daylight in the Northern Hemisphere until the Winter Solstice on December 21st, with lots of weather, and mortgage news, between now and then. Old mortgage vets recall the end of November as traditionally being the ... (read more) Latest Video Federal Reserve reduces rate-setting meetings in 2027 Fed's Bowman: Persistent inflation, firming labor market indicate 'there's ... Treasury sells $42 billion in 10-year notes Consumer prices rose 0.4% in October, more than expected Around the Web Yahoo Finance Fed's Barr: US should prepare for 'serious' AI job disruption, widening inequality Investing Live US October federal budget deficit sets a record NAR Existing-Home Sales Decreased 5.5% in October Investing Live Fed's Daly: How much tightening and when is no a decision for right now CNBC In policy switch, Fed says its October 2028 meeting will not see a vote on interest rates Investing Live Fed's Hammack: We need to move to restrictive mon pol to lower inflation Investing Live Crude oil inventories +4.657 million versus -1.109 million estimate Investing Live US 30-year bond auction tails as demand disappoints for second straight day Eye on Housing Significantly Weaker Demand for Residential Mortgages and CRE Loans in Third Quarter Investing Live Fed's Goolsbee: Inflation has been well-above target Investing Live US weekly initial jobless claims 200K vs 195K expected Investing Live Fed's Schmid: Some concerning trends in prices, underneath the whole energy story CNBC Treasury yields edge higher as investors await fresh inflation and housing data

© 2026  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.