Expert poll: Mortgage rate trend predictions for October 29 - November 4, 2026
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Rate-watchers polled by Bankrate expect rates to stay about the same in the coming week.
While 80% of experts think rates hold steady, another 20% believe they'll decrease. None of the respondents expected rates to go up this week.
The average 30-year fixed rate was 7.31% as of October 28, according to Bankrate’s national survey of large lenders.
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Explore mortgage ratesRate Trend Index
Experts predict where mortgage rates are headed
Week of October 29 - November 4, 2026
| Go up | 0% |
|---|---|
| Stay the same | 80% |
| Go down | 20% |
The recent panic in the bond market is subsiding with the 10-year Treasury settling around 5.0%.Ken Johnson, Walker Family Chair of Real Estate, University of Mississippi
0% say rates will go up
20% say rates will go down
Ken Johnson
Walker Family Chair of Real Estate, University of Mississippi
The likelihood that mortgage rates will decline next week is considerable. The recent panic in the bond market is subsiding with the 10-year Treasury settling around 5.0%. Additionally, the [Federal Reserve] held rates steady at its latest meeting, reducing the chances of an additional shock to the market. Finally, assuming a normal jobs report, all of these things should come together, resulting in a slight decline in long-term mortgage rates next week.
80% say unchanged–
Dr. Anthony O. Kellum
President & CEO, Kellum Mortgage , Roseville , MI
I expect mortgage interest rates to hold relatively steady this week. Although we have seen some modest improvement recently, persistent inflation and uncertainty surrounding the Federal Reserve’s next moves will likely keep the market cautious. I believe lenders will take a wait-and-see approach as investors evaluate the Fed’s latest decision and comments about the direction of the economy.
Sean P. Salter, Ph.D.
Associate Professor of Finance and Dale Carnegie Trainer, Middle Tennessee State University , Murfreesboro , TN
Rates seem to be settling in a stable range as markets digest developments in the overall rate environment. I expect mortgage rates to be stable over the next week.
Dick Lepre
Senior Loan Officer, Realfinity , Alamo , CA
Flat fundamentals indicate that we are likely to see flat mortgage rates this week. Rates are still being kept high by the Fed.
Melissa Cohn
Regional Vice President, William Raveis Mortgage
The bond market expected the Federal Reserve to leave interest rates unchanged at today’s meeting, but [it] anticipates one or two rate increases in the coming months, possibly beginning in December. We can hope that the markets remain stable and last week’s rate improvements hold. Where mortgage rates go next will largely depend on oil prices and the war in Iran.