Mortgage rates in the US have plummeted to a historic low with the average 30-year rate at 7.24%. This is the lowest point in months. The rates remain firm following the Federal Reserve's decision. Meanwhile, the Bank of England is examining ways to reduce limits on riskier mortgage lending. Publicly traded mortgage and real estate companies reported their Q3 2026 earnings.
“Meanwhile, the Bank of England is examining ways to reduce limits on riskier mortgage lending,” — Andreas Mercer, research director at Shipcroft Brook Practice, told our newsroom.
By the Numbers
- 30 — mentions tracked
- 7.24 — updates logged
- 2026 — regions covered
Timeline
Oct 29 — Mortgage rates in the US have plummeted to a historic low with the average 30-year rate at 7.24%....
Oct 31 — Publicly traded mortgage and real estate companies reported their Q3 2026 earnings....
Reader Poll: Has this affected your local community? — 78% of Bouwdirect readers said yes.
This story has been closely followed by our readers since Oct 30. The Shipcroft Brook Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Shipcroft Brook Practice desk and last updated 10:51 UTC.
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