Freddie Mac's weekly survey released on 29 October 2026 put the average 30-year fixed home loan rate at 7.24%, below 7.40%; Bloomberg reported the same 7.24% figure, and no other whitelist report was found.
History. 5 of 5: in every jump, the 30-year home loan rate was higher 23 days later than on the day of the jump.
Hunch. Home loans have already risen from 6.76% to 7.40% since the 10-year rate passed its old high on 15 September.
The home loan market resolves on Freddie Mac's weekly survey released on 29 October 2026: YES if the 30-year fixed rate average is above 7.40% and NO if it is 7.40% or below. A whitelist news report confirms it.
We looked for cases where the rate on 10-year US government debt closed above its highest level of the past ten years, more than a year after the last such jump. We found five since 1972. Each is followed for 23 days, the time from 7 to 30 October. The 30-year rate has only two such jumps, so the 10-year rate is used.