Home RatesMortgage Rates

-7bps this week

Mortgage Rate Trends

Follow 30-year mortgage rate movement, rate-lock context, and the monthly payment impact of small APR changes.

Average 30-year fixed

7.40%

Benchmark average

7.58%

User opportunity

7 bps can matter on large balances

Historical archive

Mortgage Rates over time

-7bps this week

Nov 6

6.21%

Nov 7

6.38%

Nov 8

6.21%

What changed

Mortgage Rates moved down by 7 basis points this week.

Why it matters

Should I lock, wait, or compare lenders?

What to do next

Run payment scenarios and compare lender quotes before you lock.

How we track this rateShow

SourceSwitchWize Rate Scout (Bankrate), updated daily

Method30-year fixed mortgage rate sourced from SwitchWize Rate Scout daily scrape of Bankrate lender quotes. Rate assumes good credit (700+ FICO) and 20% down payment. Individual quotes vary by lender, credit score, and loan size.

Verified existing coverage

Use what SwitchWize already has

6 links

GuideBest Mortgage Rates: Compare Lenders and Save ThousandsCompare the best mortgage rates 2026 from top lenders. See live rates, dollar-impact examples, and step-by-step tips to lock in the lowest APR for your home.Guide30-Year vs. 15-Year Mortgage: Which Is Better for You?A 30-year mortgage has lower monthly payments; a 15-year mortgage costs less in total interest and builds equity faster. Here's how to choose based on your income, goals, and rate environment.Guide5/1 ARM vs 7/1 ARM: Which Adjustable-Rate Term Wins in?5/1 ARM vs 7/1 ARM compared on fixed period, rate risk, and who each term actually fits. See which adjustable-rate mortgage matches your timeline.GuideARM vs. Fixed-Rate Mortgage: How to Choose in a High-Rate EnvironmentA fixed-rate mortgage locks your rate forever. An ARM starts lower and adjusts after an initial period. Here's when each makes sense, how ARM caps work, and the real risk of rate resets.CalculatorMortgage CalculatorEstimate a fixed-rate mortgage payment and model how an entered extra principal payment changes payoff time and interest.ComparisonProduct comparisonExisting SwitchWize comparison page connected to this rate.

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Benchmark

10-Year Treasury

-6bps this week

4.15%

10-year Treasury yield

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Product rate

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No weekly change

5.24% APR

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HELOC Rates

No weekly change

8.20% APR

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Personal Loans

No weekly change

7.49% APR

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