Weekly Mortgage Rate Pulse Reveals Rates Drop to Lowest Levels on Record

Average mortgage rates dropped to their lowest levels on record this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders. On October 5, average home loan rates offered by LendingTree network lenders dropped week-over-week to 4.35 percent (4.56% APR) for 30-year fixed mortgages, 3.81 percent (4.13% APR) for 15-year fixed mortgages and 3.32 percent (3.55% APR) for 5/1 ARMs.

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