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What moved mortgage rates this week, what it means in Southwest Colorado, and one topic worth understanding. New every week, written by Daniel Hennek.
Market readWeek of October 26, 2026
The 30-year average eased for a second week, while the Fed held its rate steady and inflation ran higher in September.
- The national 30-year fixed average was 7.24% on October 29, down from 7.32% the week before. A year earlier it was 6.17%. The 15-year fixed average was 6.60%, down from 6.68%. Freddie Mac
- The 10-year Treasury yield stayed near 5% this week: 5.00% on October 26 and 5.05% on October 28, the latest daily figure. Mortgage rates tend to follow it. Federal Reserve (H.15), via FRED
- On October 28 the Federal Reserve held its target range at 3.75% to 4.00%. The vote was 10 to 2; the two members who dissented preferred a quarter-point increase. Federal Reserve
The full week on the rates page Past weeks Written October 30, 2026. Facts, not forecasts.
Articles
What we wish every borrower knew before signing: clear answers on loans, costs and the process. For a step-by-step guide, visit the Learning Center.
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