Freddie Mac's October 8 survey shows the 15-year fixed mortgage average at 6.73%, a 13-basis-point rise from 6.60% a week earlier that outpaces the other three series this week, while the 30-year fixed average climbed 12 basis points to 7.40% and the 10-year Treasury yield slipped 6 basis points to 5.22%.

Two federal releases fell inside the span this week's mortgage survey covers, though neither agency ties its publication date to the size of any rate move. BLS reported the September 2026 jobs count on October 2 -- a 4.2% unemployment rate and a 29,000 increase in nonfarm payrolls -- and the Federal Reserve released minutes from its September 15-16 policy meeting on October 7. Both dates sit within the October 1-8 survey window behind this week's Freddie Mac figures, and the H.15 Treasury readings for October 7 and October 8 also follow the minutes' release. These are documented here only as a timing overlap, not as an explanation for this week's rate moves.

This week's Freddie Mac survey, dated Thursday, October 8, puts the 30-year fixed-rate average at 7.40%, up from last week's 7.28% (week ended October 1), and the 15-year fixed-rate average at 6.73%, up from 6.60% over the same stretch. On the Treasury side, the Federal Reserve's H.15 release lists the 10-year constant-maturity yield at 5.22% for October 8, down from 5.28% the day before, and the 2-year yield at 4.75%, down from 4.77% over that same one-day gap. What any individual borrower is quoted will still differ based on credit score, loan term, and which lender they use.

The 30-year mortgage average now sits 2.18 percentage points above the 10-year Treasury yield, 18 basis points wider than the 2.00-point gap implied by last week's readings; because the mortgage average climbed more than the Treasury yield did, the move widens mainly on the mortgage side. The 10-year-to-2-year Treasury spread narrowed by 4 basis points to 0.47 percentage points, from 0.51 points on Wednesday, October 7, as the 10-year yield's decline outpaced the 2-year's. The page does not treat either spread as proof of why rates moved this week.

What to watch next: Official calendars point to two routine updates before this page refreshes again: Freddie Mac's Primary Mortgage Market Survey reports next on Thursday, October 15, for the survey week of October 9-15, and the Fed's H.15 release will post new Treasury yields on each business day in between.