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    5. A snapshot of today's mortgage market.
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    A snapshot of today's mortgage market.
    Business and Finance

    A snapshot of today's mortgage market.

    BBrian Cavanaugh
    November 4, 2026

    A snapshot of today's mortgage market.

    • 30-Year Fixed Mortgage Rate: ▼ 7.24%, down from 7.32% the previous week.

    • Purchase Mortgage Applications: ▲ 4% for the week ending October 23 versus the preceding week, seasonally adjusted.

    • Existing-Home Sales: ▲ 3.99 million, seasonally adjusted annual rate for September, up 1.5% from August.

    • Pending Home Sales: ▼ 7.3% in September from August and ▼ 11.3% year over year, according to NAR's October 20 report.

    • Median Purchase-Applicant Mortgage Payment: ▲ $2,215 in September, up $53 from August's $2,162, according to MBA's October 29 report.

    • U.S. Home Prices: ▲ 0.3% in August from July, seasonally adjusted, and ▲ 2.4% year over year, according to FHFA's October 27 report.

    B
    Brian Cavanaugh@briancavanaugh
    Senior Loan Officer & Branch Manager| NMLS # 441864

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    Brian Cavanaugh

    @briancavanaugh

    Senior Loan Officer & Branch Manager| NMLS # 441864

    With nearly 23 years in the mortgage industry, I love helping homebuyers and homeowners in Massachusetts navigate the loan process with confidence. Based in the Boston suburbs, I work with clients across the Greater Boston area. I specialize in jumbo loans, first-time homebuyer programs, and Affinity Mortgage Lending.

    35 Articles1 Followers
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    Brian Cavanaugh
    @briancavanaugh
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