# U.S. 30-Year Fixed Mortgage Rate Falls for Third Straight Week to 7.18% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/50577 Published: 2026-11-07T04:35:31.000Z Updated: 2026-11-07T04:35:31.000Z Section: Investing > The rate was 7.24% in the Oct. 29 reading. Borrower demand remained subdued as prospective borrowers delayed decisions. The average U.S. rate for a 30-year fixed mortgage eased to 7.18% on Nov. 5, extending its decline to a third week as prospective borrowers continued to delay decisions. The rate stood at 7.24% on Oct. 29 in [the previous weekly update](). Demand remained subdued as prospective borrowers put off decisions while waiting for borrowing costs and the economic and political outlook to stabilize. ## Links in this article - [the previous weekly update](https://www.tokenpost.com/news/investing/43967)