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Mortgage rates drop for the third straight week, but homebuyers are still leaving the market

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less…

TC Trade Conquest Newsroom November 4, 2026 ·1 min read

Mortgage rates drop for the third straight week, but homebuyers are still leaving the market

Key takeaways

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less.
Reported by CNBC. Open the full story for every detail.
Published November 4, 2026.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, decreased last week to 7.3% from 7.37% Refinance demand was 60% lower year-over-year.

Read the full story at cnbc.com ↗

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