Three tracked lenders lower posted mortgage rates on Tuesday

Posted mortgage rates declined on Tuesday, November 3, 2026, across three of nine tracked lenders, AOL, Forbes, and NerdWallet reported. U.S. News - Money reported that rates overall were unchanged ahead of the midterm elections. [1][2][3][7]

Rocket Mortgage lowered its 30-year fixed rate by 0.125 percentage points to 7.125 percent and its 15-year fixed rate by 0.125 points to 6.375 percent, according to AOL. This action marks the fifth rate cut by Rocket Mortgage in three weeks, bringing its 30-year fixed posted rate down by 0.375 points over that timeframe. [1]

Wells Fargo reduced its 15-year fixed rate by 0.125 percentage points to 6.375 percent, AOL reported. AmeriSave lowered its 30-year fixed rate by 0.115 points to 5.875 percent. AmeriSave also listed refinance pricing, including a 30-year fixed rate at 6.375 percent with a 6.91 percent annual percentage rate, and a 15-year fixed rate at 5.625 percent with a 6.521 percent annual percentage rate. [1]

The rate changes were recorded by RateZip from lender-posted rates, AOL reported. As FTMQ Real Estate reported earlier, annual percentage rates provide a clearer cross-lender comparison than posted rates alone due to varying underwriting assumptions. [1][14]