Housing · SOURCE BRIEFING
Construction Spending
Read the original reporting
This headline was published by U.S. Census Bureau on Nov 2, 2026. The full source article is available from the publisher. Our historical market context appears below so you can place the release alongside mortgage and Treasury observations.
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MortgageRates.news analysis · Historical context
The mortgage market around this release
This original analysis is separate from the source article. It compares observed benchmarks around ; historical averages and yields are not current mortgage offers.
Identify the housing or construction measure being reported
Construction spending, permits, housing starts, completions and new-home sales measure different activities and use different units. Read the exact indicator, geographic coverage and reference period before interpreting a change. Distinguish residential from nonresidential activity where reported, and check seasonal adjustment, annualization and revisions. A national construction or housing release does not establish the value of a particular property or the inventory available in its neighborhood. The mortgage and Treasury observations below add historical context; they do not isolate this release’s effect on borrowing costs. Census Bureau economic indicators.
| Benchmark | 30 days earlierOct 3, 2026 | Publication referenceNov 2, 2026 | 30 days laterDec 2, 2026 |
|---|---|---|---|
| 30-year fixed mortgageNational weekly averageFreddie Mac Primary Mortgage Market Survey® | 7.28%Observed | 7.24%Observed −4 bps vs. earlier reference | UnavailableWindow ends Dec 2, 2026. |
| 10-year TreasuryDaily par yieldU.S. Department of the Treasury | 5.28%Observed | 4.91%Observed −37 bps vs. earlier reference | UnavailableWindow ends Dec 2, 2026. |
Calendar references, not an intraday reaction. A same-day market observation may have been published after a morning release. These figures do not show what was known at its exact publication time. One basis point (bp) is 0.01 percentage point; changes use the actual dated observations shown.
The following 30-day window ends Dec 2, 2026. A completed-window comparison will appear when that date has passed and the source history covers it.
Six months around publication
Aug 2, 2026 – Feb 2, 2027Sources, historical coverage and calculation limits
- Freddie Mac Primary Mortgage Market Survey®: available observations from Apr 2, 1971 through Nov 5, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
- U.S. Department of the Treasury: available observations from Jan 4, 2016 through Nov 10, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
The 30-day comparisons use calendar days. Each cell selects the last published observation on or before its target; no rates are synthesized for missing dates. Gaps greater than seven days for daily Treasury data or fourteen days for weekly mortgage data are marked unavailable. Forward comparisons require the date to have arrived and source coverage to extend through it.
Historical files may contain revisions and do not reconstruct precisely what every market participant knew at the time. Freddie Mac changed its PMMS collection methodology in November 2022. Cross-period comparisons should account for that change. These windows include other news and cannot establish causation or forecast the next rate move.
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