Mortgage rates drop for the third straight week, but homebuyers are still leaving the market — Live Feedhttps://www.live-feeds.com/feed/mortgage-rates-drop-for-the-third-straight-week-but-homebuyers-are-still-leaving-the-marketContinuously updated, source-cited coverage. Mortgage Rates Decline for Third Week as Buyers Exithttps://www.live-feeds.com/feed/mortgage-rates-drop-for-the-third-straight-week-but-homebuyers-are-still-leaving-the-markethttps://www.live-feeds.com/feed/mortgage-rates-drop-for-the-third-straight-week-but-homebuyers-are-still-leaving-the-market#u191122Tue, 10 Nov 2026 12:25:13 +0000Mortgage rates dropped for the third consecutive week, with the average 30-year fixed rate falling to 7.18 percent and the 15-year rate slipping to 6.57 percent. Despite these lower borrowing costs, prospective homebuyers continue to exit the market. Mortgage demand fell by 1.2 percent overall, driven by high home prices and persistent inflation that severely strain housing affordability. The ongoing pullback in buyer activity highlights a persistent disconnect where small reductions in financing costs fail to spark housing demand in a high-rate environment.Why it mattersHousing market momentu