Plain-English market updates for real estate investors, self-employed borrowers, and homeowners. Each week we turn the latest rate and housing data into what it means for your next move.
This week’s market snapshot
| Indicator | Latest | Context |
|---|---|---|
| 30-year fixed (Freddie Mac) | 7.40% (Oct 15) | 6.27% a year ago |
| 15-year fixed (Freddie Mac) | 6.71% (Oct 15) | 5.52% a year ago |
| 10-year Treasury | About 5.1% (Oct 19) | Highest since 2002 in early October |
| Federal funds target | 3.75%–4.00% | Raised Sept 16; next meeting Oct 27–28 |
| Prime rate | 7.00% | Since Sept 18; most HELOCs are priced off prime |
Latest posts
-
DSCR Loans at 7% Rates: How to Make a Rental Pencil This Fall
Mortgage rates are holding near 7.4% and the Fed isn’t cutting. Here’s how real estate investors can still make DSCR loans work on rentals this October.
-
Self-Employed? What a 7.4% Mortgage Market Means for Bank Statement Loans
Rates are holding at 7.4% and the Fed isn’t cutting yet. Here’s what self-employed borrowers should know about non-QM and bank statement loans this week.
-
Hard Money in a 7% Market: Why Your Exit Plan Matters More Than Your Rate
Rates aren’t falling and resale margins are thinner. Here’s how investors can use hard money and bridge loans wisely this fall, starting with the exit.
Explore by loan type
DSCR loans · Non-QM loans · Hard money & bridge loans · Commercial bridge loans · HELOCs
Have a question about your situation?
Tell us about the property and your goals, and a licensed loan expert will give you a straight answer, with no obligation.
Posts are general information, not financial advice or an offer of credit. American Prime Rate LLC, NMLS# 2421810. Equal Housing Opportunity.