Federal Reserve · SOURCE BRIEFING
Federal Reserve issues FOMC statement
Read the original reporting
This headline was published by Federal Reserve on Oct 28, 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.
Separate policy decisions from mortgage pricing
The federal funds target concerns overnight bank borrowing. A fixed mortgage reflects a longer-term loan and its own market pricing. Read the decision and accompanying statement together, and distinguish an announced action from expectations about future actions. The before-and-after observations include the rest of the month’s information as well; they are calendar comparisons, not an estimate of the announcement’s isolated impact. Federal Reserve: how monetary policy works.
| Benchmark | 30 days earlierSep 28, 2026 | Publication referenceOct 28, 2026 | 30 days laterNov 27, 2026 |
|---|---|---|---|
| 30-year fixed mortgageNational weekly averageFreddie Mac Primary Mortgage Market Survey® | 7.03%Observed | 7.32%Observed +29 bps vs. earlier reference | UnavailableWindow ends Nov 27, 2026. |
| 10-year TreasuryDaily par yieldU.S. Department of the Treasury | 5.24%Observed | 5.05%Observed −19 bps vs. earlier reference | UnavailableWindow ends Nov 27, 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 Nov 27, 2026. A completed-window comparison will appear when that date has passed and the source history covers it.
Six months around publication
Jul 28, 2026 – Jan 28, 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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