“Mortgage rates are at 7.6. As of this recording, they were 6.3 a year ago”

Dave Meyer · BiggerPockets Real Estate Podcast · 20% of Homes See Price Cuts (Sellers Face Reality) | Oct. 2026 Housing Market Update

Play from 5:20
5:20

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What was described

reported current average mortgage rate

7.6% (as of recording)

Said nearby on the same subject

“The average rate on the 30 year fix rose 10 basis points today 7.56% according to Mortgage News Daily”
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Said on Closing Bell
Hard number 7.56 % Share this moment
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“That’s the ability of taking the mortgage we make, you lever that mortgage, and you get a total return in that range… base rate moved up… cost of debt has compressed”
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Said on Michael Covel's Trend Following
Hard number average holding period ~2 days Share this moment

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