MBA weekly average 30-year fixed rate falls to 7.21%, a fourth weekly decline

The Mortgage Bankers Association's weekly average, for loans with a 20% down payment, is down from 7.30% and the lowest since mid-September. Applications rose 6.2% from the previous week.

By James Mitchell · Nov 11, 2026, 9:10 AM EST

Why it matters: The MBA's weekly average 30-year rate is at its lowest since mid-September after a fourth straight decline.

For information only, not investment advice.

The Mortgage Bankers Association's weekly average 30-year fixed rate fell to 7.21% last week from 7.30% for 20% down-payment loans, a fourth weekly decline and the lowest since mid-September.¹ Applications rose 6.2% from the previous week, on the MBA's seasonally adjusted index.¹

Sources

Mortgage rates jump sharply higher, after easing for four straight weeks. Here's why, CNBC

Tags: interest-rates · real-estate

Earlier on this

Pending home sales drop 7.3% in September, and builders are pulling back too · Oct 22, 2026
Contracts to buy existing homes fell 7.3% in September, NAR said. Housing starts came in below forecast, builder sentiment sank to its lowest since 2012, and both trade groups point to mortgage rates.
Blackstone senior-partner payouts were cut by millions, the Journal says, as Meghji plans a year-end exit · Nov 10, 2026
The Wall Street Journal said senior-partner payouts were cut by millions after a weak real-estate stretch, and that exits include global head Nadeem Meghji, who in September said he is leaving at year-end. Blackstone said the real-estate group still has 45 senior partners.
Fed's Waller leans toward a December rate hike, even if October inflation improves · Nov 10, 2026
He said a 50 basis point increase should be considered if October's CPI reading looks like the past two months, and that hiking only a quarter point in that case would put the Fed's credibility at risk. The remarks are his own views, not a Committee decision.

More from Sainteur

H&R unitholders reject a sale to GO REIT and a group that includes a Blackstone affiliate
The REIT terminated the agreement immediately, with no termination fee payable to the consortium. One of the buyers is a company controlled by the CEO's family.
Equities · Nov 13, 2026, 12:45 PM EST · Marcus Rodriguez
Producer prices rose 6.5% in the year through October, the largest 12-month increase since November 2022
The index rose 0.3 percent in October, seasonally adjusted, after a 1.4 percent advance in September. That was against a Dow Jones consensus for a 0.4 percent increase, CNBC said.
Macro · Nov 13, 2026, 12:40 PM EST · James Mitchell
Bitcoin falls below $70,000 for the first time since August
It was at $69,172, down 4.64% as of Nov 13, 8:14 AM ET. Dow Jones Newswires said it is on track for a sixth weekly loss.
Crypto · Nov 13, 2026, 11:45 AM EST · Jennifer Walsh
Existing-home sales fall to the lowest level since August 2010
Sales of previously owned homes fell 5.5% in October to a seasonally adjusted annual rate of 3.75 million, the National Association of Realtors said.
Macro · Nov 12, 2026, 1:46 PM EST · James Mitchell
Blackstone senior-partner payouts were cut by millions, the Journal says, as Meghji plans a year-end exit
The Wall Street Journal said senior-partner payouts were cut by millions after a weak real-estate stretch, and that exits include global head Nadeem Meghji, who in September said he is leaving at year-end. Blackstone said the real-estate group still has 45 senior partners.
Equities · Nov 10, 2026, 6:20 PM EST · Marcus Rodriguez
Fed's Waller leans toward a December rate hike, even if October inflation improves
He said a 50 basis point increase should be considered if October's CPI reading looks like the past two months, and that hiking only a quarter point in that case would put the Fed's credibility at risk. The remarks are his own views, not a Committee decision.
Macro · Nov 10, 2026, 2:35 PM EST · James Mitchell
Fox holds investor calls ahead of an expected Roku-deal bond offering
Mononews, citing Bloomberg, says the Monday calls precede an expected offering after the Nov. 6 close, which brought $10.4 billion of new loans.
Equities · Nov 9, 2026, 2:50 PM EST · Marcus Rodriguez
Oil is headed for a second weekly decline as the U.S. focuses on its Iran blockade, Reuters says
President Donald Trump said a deal with Iran was not necessary to end the war. Iran's military said four oil tankers were hit in the Strait of Hormuz; Reuters could not immediately verify the accounts.
Macro · Nov 13, 2026, 10:21 AM EST · James Mitchell
Trump says ‘we don’t need a deal with Iran’
The president wrote that those days have long since passed and directed Vice President JD Vance to focus on Democratic cities and states instead.
Macro · Nov 12, 2026, 2:00 PM EST · James Mitchell
China's trade surplus exceeds $1 trillion for a second straight year
October exports rose 35.2% year on year, above a 33.5% Reuters poll forecast, and imports rose 41.6%. The surplus narrowed to $105.3 billion from $133.5 billion in September.
Macro · Nov 11, 2026, 8:40 AM EST · James Mitchell