10/28/2026
Midweek Mortgage News — October 28, 2026
The Fed held interest rates steady, and mortgage rates held steady too. The 30-year fixed held at 7.35% today, according to Mortgage News Daily, nearly unchanged from 7.33% yesterday. Freddie Mac's weekly survey: 7.32% for the week ending October 22.
Mortgage rates follow the 10-year Treasury yield, which sat at 5.03% after the decision, near 5.00% Tuesday. The Fed held its benchmark at 3.75% to 4%, so bond demand did not surge and yields stayed put.
Housing data agrees: starts at a one-year low, permits at a three-and-a-half-year low, pending sales at their lowest in 25 years. In Williamson County, the median listing is $415K, down 7.7% from last year, 74 days on market (realtor.com, October 2026).
One honest caveat: the Fed does not set mortgage rates directly — bond markets do.
Are you buying, waiting, or refinancing while rates hold steady?
Shalinee Bhardwaj
Mortgage Loan Officer | NMLS #2037610
Amplify Credit Union | 512-712-3938