Skip to content

EconomyBreaking

Average 30-year U.S. mortgage rate falls for second straight week

By

Coverage spectrum

Covered by 3 outlets, mostly right-leaning (67%).

3 articles in total. The spectrum counts each outlet once and leaves opinion out. How we measure bias

Rows of suburban houses with shingle roofs and parked cars on a residential street.
Image via The HillHow images are chosenReport this image

Freddie Mac said the average 30-year fixed mortgage rate fell to 7.24 percent from 7.32 percent last week, the lowest level in more than a month. Mortgage rates declined for a second straight week, and the 15-year fixed rate also fell, according to the reports. The Hill puts the 30-year rate under 7.25 percent. The Associated Press says rates generally follow the 10-year Treasury yield, which was at 4.98 percent on Thursday after surging above 5.30 percent earlier this month. Rates are influenced by inflation, Federal Reserve policy and investor expectations for the economy.

Headline and summary written by Mantle’s AI from the coverage below, under published rules. How this works

What happened

Key points

Each point shows who reports it, from Far Left to Far Right.

  1. The average 30-year fixed mortgage rate fell to 7.24 percent from 7.32 percent last week, Freddie Mac said.

    One side only: the rightReported byRight2See the outletsHide the outlets
    Right
    The Washington Times, New York Post
  2. Mortgage rates declined for a second straight week.

    Reported byCenter1Right2See the outletsHide the outlets
    Center
    The Hill
    Right
    The Washington Times, New York Post
  3. The 30-year rate is under 7.25 percent, according to The Hill.

    One outletThe Hill· Center

  4. The 10-year Treasury yield, which mortgage rates generally follow, was at 4.98 percent on Thursday after surging above 5.30 percent earlier in the month.

    One outletNew York Post· Right

  5. Borrowing costs on 15-year fixed-rate mortgages also fell this week.

    One outletNew York Post· Right

How each side tells it

Compare views

All sides report that average 30-year mortgage rates fell for a second straight week, to under 7.25 percent. Right-side coverage stresses the lowest level in over a month and, in the New York Post, relief for homebuyers; the center headline states the drop plainly.

  • the left

    No coverage yet

    No left-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

  • the center

    1 outlet

    The Hill’s headline states the move in plain terms, mortgage rates fall to under 7.25 percent, with no added drama.

    Mortgage rates fall to under 7.25 percent
    The HillCenterAll center headlines
  • the right

    2 outlets

    Right-side headlines lead with the 7.24 percent figure and lowest level in over a month; the New York Post adds “welcome news for homebuyers”, a phrase its AP-written body does not use.

    The average 30-year U.S. mortgage rate dips to 7.24%, the lowest level in more than a month
    The Washington TimesRightAll right-leaning headlines

The words they chose

Language to notice

Words that carry a judgement beyond the facts. Tap a highlighted word anywhere on the page to see why.

Mantle found no loaded language in this coverage. Every headline and opening was checked against Mantle’s published word list, and Mantle’s AI read all 3 articles in context. Straight reporting often has none.

See for yourself

Side by side

What each side leads with and what it leaves out. Open a side to read its headlines.

From the left

0 outlets

No left-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

From the center

1 outlet

Leads with

  • second straight weekly decline
  • under 7.25 percent
  • relief for prospective homebuyers
See the headline from the centerHide the headlines
  • The HillCenter

    Mortgage rates fall to under 7.25 percent

    Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy Business & Economy The Big Story Mortgage rates fall to under 7.25 percent Mortgage rates declined for the second straight week, providing prospective homebuyers with a bit of …

From the right

2 outlets

Leads with

  • 7.24 percent rate
  • lowest level in over a month
  • second straight weekly decline
  • relief for homebuyers
See the 2 headlines from the rightHide the headlines

The stories you read build My Mix, a private picture of which sides cover the stories you choose, kept on this device. What is My Mix?

The left is Far Left and Left together. The right is Right and Far Right together. Every outlet keeps its own five-point rating.

Who reported it when

How the coverage built up

  • Left

    No report yet

    From the outlets Mantle follows

  • Center

    3 hr 59 min later

    Its first report, Oct 29, 4:15 PM EDT

  • Right

    First to report

    The Washington Times, Oct 29, 12:16 PM EDT

See the order the outlets reported inHide the order
  1. The Washington TimesRightOct 29, 12:16 PM EDT
  2. New York PostRightOct 29, 12:22 PM EDT
  3. The HillCenterOct 29, 4:15 PM EDT

Times are the ones the outlets published in their own feeds, in Eastern time. Opinion is left out.

Help someone else find the truth beneath the surface

Most people see one side of a story. Share this one, so they can see how every side is telling it and decide for themselves.

Email it

Seen a mistake? Tell us what is wrong with this page