The rate market continues taking cues from turmoil in the tech sector. That resulted in the lowest rates in more than a month today as tech stocks slide to their lowest levels since July.  The biggest shift for the underlying bond market (bonds dictate rates) came just before 1pm on reports that Anthropic's post IPO credit rating was not likely to be "investment grade." That matters because it means Anthropic would face higher borrowing costs.  Given the company's key role in driving the AI buildout, there are two implications that helped bonds/rates today. First, higher borrowing costs mean lower potential debt issuance, and that issuance has been a key factor in pushing interest rates higher in 2026. Second, any headwinds for major AI companies suggest potential economic headwinds given the central role AI plays in the current economic growth cycle. In general, lower/slower economic growth is good for rates/bonds, all else equal.  The average mortgage lender added modestly to yesterday's larger improvement, resulting in a top-tier 30yr fixed rate just under 7.30%. This is the lowest level since September 23rd, 2026.

October 30, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 7.27% -0.02%   5.99% 7.61% 15 Yr. Fixed 6.92% -0.03%   5.55% 7.23% 30 Yr. Jumbo 7.55% +0.00%   6.26% 7.71% Compare Mortgage Rates from Local Lenders for Oct 30, 2026 Mortgage Rates End Week at Lows Fri, Oct 30, 2026 2:24PM The rate market continues taking cues from turmoil in the tech sector. That resulted in the lowest rates in more than a month today as tech stocks slide to their lowest levels since July.  The biggest shift for the underlying bond market (bonds dictate rates) came just before 1pm on reports that Anthropic's post IPO credit rating was not likely to be "investment grade." That matters because it means Anthropic would face higher borrowing costs.  Given the company's key role in driving the AI buildout, there are two implications that helped bonds/rates today. First, higher borrowing ... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 7.27% -0.02 0.00 15 Yr. Fixed 6.92% -0.03 0.00 30 Yr. FHA 6.90% -0.01 0.00 30 Yr. Jumbo 7.55% 0.00 0.00 7/6 SOFR ARM 6.78% -0.10 0.00 30 Yr. VA 6.91% -0.01 0.00 Updates Daily - Last Update: 10/30 Freddie Mac Rate Change Points 30 Yr. Fixed 7.24% -0.08 0.00 15 Yr. Fixed 6.60% -0.08 0.00 Updates Weekly - Last Update: 10/29 Mortgage Bankers Assoc. 30 Yr. Fixed 7.37% -0.04 0.76 15 Yr. Fixed 6.70% -0.03 0.85 30 Yr. Jumbo 7.28% -0.05 0.64 Updates Weekly - Last Update: 10/28 UMBS 30YR 6.0 99.80 -0.04   97.78 102.75 UMBS 30YR 6.5 101.66 +0.01   100.34 104.00 10 YR Treasury 4.928 +0.007   3.948 5.318 Bond Yields Not Eager to Follow Stocks Lower Fri, Oct 30, 2026 9:59AM Bonds were initially stronger in the overnight session with 10yr yields briefly falling under 4.90%. The rally generally aligned with overnight losses in the stock market, at least at first. When European markets came online, bonds began drifting more sideways even as stocks gradually declined to new lows. Given that today is month-end and that much of this ... (read more) MBS Price Change UMBS 5.5 97.59 +0.04 UMBS 6.0 99.83 -0.01 UMBS 6.5 101.64 -0.02 GNMA 5.5 97.82 +0.08 GNMA 6.0 99.86 +0.03 GNMA 6.5 101.56 +0.03 Pricing as of: 10/30 5:23PM EST US Treasury Yield Change 2 YR Treasury 4.592 -0.002 5 YR Treasury 4.726 -0.020 7 YR Treasury 4.817 -0.006 10 YR Treasury 4.934 +0.012 30 YR Treasury 5.310 +0.010 Pricing as of: 10/30 5:23PM EST Other News Broker, DPA, AI Governance, Benchmark, U/W Products; Webinars; STRATMOR on Mergers Fri, Oct 30, 2026 11:41AM As companies around the nation stage in-person or virtual costume contests, here’s some information for you a little off the beaten path. People want to own a home (“no one grows up wanting to be a renter”) regardless of… the amount of daylight? Looking at averages in the Continental United States (not Alaska or Hawaii), the difference between the amount of ... (read more) Latest Video Fed's Logan: Need at least 2 quarter-point hikes, calls for pause after 50 ... Countdown to the Fed decision Third-quarter U.S. GDP increases a better-than-expected 3.4% as September i... Fed's Musalem: Not concerned by recent tightening of financial conditions Around the Web Investing Live Fed’s Logan: At least two more quarter-point rate hikes needed Investing Live Fed's Barkin: Direction of travel is straightforward for the Fed CNBC Home prices fall and rents rise, both for the first time in three years Investing Live Fed’s Daly: AI matters for near- and medium-term policy CNBC St. Louis Fed's Musalem: Tighter monetary policy is needed 'soon' Eye on Housing Housings Share of the Economy Falls Again as It Continues to Face Headwinds CNBC U.S. Treasury yields fall as investors await more economic data Investing Live US treasury sells $44 billion of 7 year notes at a high yield of 4.894% Marketwatch U.S. economy grows at fastest pace in almost three years, third-quarter GDP shows Investing Live Amazon and Intel headline the earnings releases after today’s close Investing Live US September PCE core inflation +0.5% m/m vs +0.3% expected Investing Live US employment cost index for Q3 +0.8% vs +0.8% expected CNBC European Central Bank keeps key interest rate on hold at 2.5%

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