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Mortgage Rates Fall Again to 7.24%, Lowest Level This Month All South Florida

Money & Consumer Alerts

Mortgage Rates Fall Again to 7.24%, Lowest Level This Month

Freddie Mac's weekly survey put the average 30-year fixed mortgage at 7.24% on October 29, down from 7.32% last week — a second straight weekly decline and the lowest level this month, though still well above last year's 6.17%.

Oct 29, 2026