Client Weekly | October 30, 2026

CLIENT WEEKLY · OCTOBER 30, 2026

Weekly mortgage rates eased. The Fed held steady.

The 30-year fixed weekly benchmark declined to 7.280%. The 7/6 ARM average was nearly unchanged at 6.624%. September’s home-value increases remained modest nationwide and in California.

1. This week’s mortgage rates

WEEK OF OCTOBER 26–30, 2026 · PARTIAL SOURCE COVERAGE

30-year fixed

7.280%

−0.087 pts WoW

15-year fixed

6.706%

−0.105 pts WoW

30-year jumbo

7.373%

−0.107 pts WoW

7/6 SOFR ARM

6.624%

−0.002 pts WoW

30-year FHA

7.037%

−0.029 pts WoW

30-year VA

6.915%

−0.101 pts WoW

30-YEAR FIXED

7/6 SOFR ARM

Available weekly history: August 31–October 26, 2026. Weekly averages, not daily quotes. Current week: five MND readings and four Optimal Blue readings, plus the October 28 MBA and October 29 Freddie Mac surveys where available. Source mix changed for all programs except ARM; WoW comparisons can reflect coverage changes. Missing observations are excluded.

Market data displayed is supplied in part by Optimal Blue, FreddyMac, MBA and Mortgage New Daily. It is a market reference, not a Fenero Capital rate quote, commitment to lend or offer of credit. Rates and terms may change without notice and remain subject to lender pricing, underwriting, eligibility and applicable disclosures.

2. The economy this week

The Federal Reserve kept its policy-rate target at 3.75%–4.00% on Wednesday. The vote was 10–2, with both dissenters favoring a quarter-point increase. The Fed described economic growth as strong and inflation as elevated. That short-term policy rate is separate from the mortgage benchmarks above.

Labor costs continued to rise. Friday’s Employment Cost Index showed civilian compensation increased 0.8% in the third quarter, following 0.9% in the second. Wages rose 0.7%, while benefit costs rose 0.9%. Total compensation was 3.4% higher than a year earlier.

Federal Reserve · October 28 | BLS · October 30

3. Home values: U.S. & California

September remains the latest matched reading for the U.S. and California. Typical home values rose slightly in both markets. These are all-home, mid-tier, smoothed and seasonally adjusted Zillow Home Value Index estimates, rather than median closed-sale prices.

NATIONWIDE · SEPTEMBER 2026

+0.08% month over month

Typical home value: $366,157

NATIONWIDE monthly changes from October 2025 through September 2026: 2025-10-31: +0.12%, 2025-11-30: +0.19%, 2025-12-31: +0.22%, 2026-01-31: +0.21%, 2026-02-28: +0.20%, 2026-03-31: +0.13%, 2026-04-30: +0.02%, 2026-05-31: -0.07%, 2026-06-30: -0.07%, 2026-07-31: +0.03%, 2026-08-31: +0.12%, 2026-09-30: +0.08%

CALIFORNIA · SEPTEMBER 2026

+0.18% month over month

Typical home value: $761,538

CALIFORNIA monthly changes from October 2025 through September 2026: 2025-10-31: +0.10%, 2025-11-30: +0.22%, 2025-12-31: +0.30%, 2026-01-31: +0.17%, 2026-02-28: +0.05%, 2026-03-31: -0.09%, 2026-04-30: -0.18%, 2026-05-31: -0.17%, 2026-06-30: -0.14%, 2026-07-31: +0.04%, 2026-08-31: +0.17%, 2026-09-30: +0.18%

Reporting month: September 2026. Monthly downloads released October 16, 2026. No newer monthly release was available for this issue. The readings are unchanged from the prior edition; these are monthly changes, not weekly movements. Values may be revised.

Zillow Research · data and methodology | Release calendar

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October 30, 2026 edition · Fenero Capital
Reimund D. Maks · NMLS 765098 · CA DRE 02089250
1475 N Broadway, Suite 330 · Walnut Creek, CA 94596

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