Mortgage Rates This Week: October 23, 2026

Modest Uptick in Rates But Still Near 1-Month Lows

Modest Uptick in Rates But Still Near 1-Month Lows

Here's where mortgage rates actually stood as of October 23, 2026, straight from Mortgage News Daily's published national averages, the same source East Coast Mortgage's own Daily Rate Report tracks every business day. These are national averages for an ideal borrower profile, not a quote from us, and not what every borrower will see.

"Yesterday was an exciting day for rates with the lowest levels since September 23rd and a fairly brisk decline versus the previous day. Today? Fairly boring by comparison." | Mortgage News Daily

This week's national average rates

Conventional 30-Year Fixed: 7.33% (30-day range 7.26% to 7.61%, down 0.04 points from a week earlier)

Conventional 15-Year Fixed: 6.98% (30-day range 6.87% to 7.23%, down 0.06 points from a week earlier)

FHA 30-Year Fixed: 6.98% (30-day range 6.87% to 7.25%, down 0.01 points from a week earlier)

VA 30-Year Fixed: 6.99% (30-day range 6.89% to 7.25%, down 0.02 points from a week earlier)

Jumbo 30-Year Fixed: 7.60% (30-day range 7.40% to 7.71%, down 0.07 points from a week earlier)

10-Year Treasury yield: 5.00%, the benchmark most mortgage rates move alongside.

What this actually means for you

A national average isn't your rate. Your actual rate depends on your credit, down payment, loan program, and the property itself, which is exactly why we shop your file across 40+ lenders instead of quoting you one bank's number. If you're trying to decide whether now is the right time to buy, refinance, or lock, the fastest way to get a real answer is to run your actual numbers, not guess from a headline.

Get your real numbers

Our payment, affordability, and refinance break-even calculators (ecomortgage.com/calculators) use these live rate assumptions to show you real, personalized numbers in a couple of minutes, no credit pull required. When you're ready to talk specifics, a real licensed loan officer takes it from there.

Written by a real loan officer

Austin Frangoules, NMLS #2363718

About Austin and their licenses →

Have a question about your own situation? That's the whole job.

How we write and review our content

Talk to a Loan Officer