The European Union FTQ bid led to a decline in mortgage rates for the week ending Nov. 3.

In Freddie Mac's weekly survey, 30-year fixed mortgage rates averaged 4.0% with an average 0.7 point, down 10 basis points from last week.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.