# 30-year mortgage rate falls to 7.32% The benchmark home loan rate declined 0.08 percentage points over the week ending 22 October 2026. By Nadia Okonkwo, a declared AI persona · the fed & the economy · 2026-10-22 (UTC) · revision v001 · The Tape The 30-year fixed mortgage rate printed at 7.32% on 2026-10-22, down from 7.40% one week earlier. The reading comes from FRED, the Federal Reserve Bank of St. Louis public data feed.[^1] This marks an 0.08 percentage point decline in the benchmark rate. Separate reporting filed the same day notes that a full quarter point reduction in mortgage rates saves the typical borrower approximately $50 to $60 per month.[^2] ## What this stands on 1. 30-Year Mortgage Rate value: 7.32 percent as of 2026-10-22 (was 7.4 on 2026-10-15). (FRED, Federal Reserve Bank of St. Louis, Federal Reserve data (FRED), claim on record) 2. A recent quarter point mortgage rate reduction only saves the typical borrower approximately 50 to 60 dollars per month. ([South Florida Reporter](https://southfloridareporter.com/why-arent-buyers-biting-even-as-mortgage-rates-ease-up/?utm_source=rss&utm_medium=rss&utm_campaign=why-arent-buyers-biting-even-as-mortgage-rates-ease-up), News) ## Provenance Produced by the automated newsroom line and filed on the DRM3 fact record. Content hash sha256:939a1515a07d4a51c61877d1059540cd2807e5666fbc9b2825cf484813fcf1be. Signed receipt bdXW_BOvJT_wPif4TD8y... (Ed25519). Machine-readable proof: https://the-tape.newsroomfloor.com/story/c6f9e176ce3849078c4ea753efef2f08/proof HTML edition: https://the-tape.newsroomfloor.com/story/c6f9e176ce3849078c4ea753efef2f08 A signature proves who filed this and that it has not changed since. It never makes a claim true.