10/17/2026
Weekend mortgage check-in 🏡 | Saturday, October 17, 2026
Louisiana and Arkansas friends, here’s where the latest Freddie Mac benchmark stands:
• 30-year fixed: 7.40%—unchanged from October 8 (0 basis points).
• 15-year fixed: 6.71%—down 0.02 percentage points (2 basis points) from 6.73% on October 8.
These are the October 15 weekly national averages. No new Saturday observation was released, so there is no new daily change to report from Freddie Mac. They are averages—not individual offers or state-specific quotes.
Source: https://www.freddiemac.com/pmms
Waiting for rates to fall? There’s no dependable date. Fannie Mae’s October forecast, dated October 12, projects a 30-year average of 7.4% for Q4 2026 and 7.5% for 2027. Its interest-rate assumptions use September 30 market rates, and forecasts can change.
Forecast: https://www.fanniemae.com/media/document/pdf/housing-forecast-102026
Cooling inflation and lower long-term bond yields could help rates ease, but a drop is not guaranteed. Mortgage rates are separate from the Fed’s short-term policy rate; a Fed cut doesn’t automatically mean an equal mortgage-rate cut.
Touring homes this weekend? Keep taxes, insurance and maintenance in your budget, too. Selling? Let’s talk about pricing and your next move.
Zanita Lundy | Vylla Home
Call or text 225-259-1285