“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
Dave Meyer · BiggerPockets Real Estate Podcast · 20% of Homes See Price Cuts (Sellers Face Reality) | Oct. 2026 Housing Market Update
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reported current average mortgage rate
7.6% (as of recording)
“The average rate on the 30 year fix rose 10 basis points today 7.56% according to Mortgage News Daily”
“Podkey's trusted reporter status means expedited review on hundreds of platforms and a 98% success rate. New customers average 2,000 plus takedowns in just two weeks.”
“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”
“From my reporting, I've determined that the average holding period is about two days.”
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