# U.S. Mortgage Rate Drops to 7.41% Before Jobless Claims

> U.S. 30-year mortgage rate falls to 7.41% ahead of jobless claims report.
- Title: U.S. Mortgage Rate Drops to 7.41% Before Jobless Claims
- Summary: U.S. 30-year mortgage rate falls to 7.41% ahead of jobless claims report. The average contract rate on conforming 30-year fixed mortgages fell to 7.41% last…
- Keywords: u.s. mortgage rate, 30-year fixed mortgage, jobless claims, federal reserve, treasury yields, conforming loans, crypto, finance, Mortgage, Rate, Drops, Jobless
- Source: TokenPost — https://tokenpost.com/news/investing/36922
- Published: 2026-10-21T18:26:22+00:00
- Read time: 1 min
- Topics: u.s. mortgage rate, 30-year fixed mortgage, jobless claims, federal reserve, treasury yields, conforming loans, crypto, finance
## Mortgage Rate Drop
The average contract rate on conforming 30-year fixed mortgages fell to 7.41% last week, down from 7.50% the previous week.
## Jobless Claims Report
Initial jobless claims for the week ended Oct. 17 are due Thursday, Oct. 22, with previous week's claims totaling 199,000.
## Federal Reserve Meeting
The Federal Reserve’s next meeting is scheduled for Oct. 27-28, following the mortgage rate drop.
## Key takeaway

The average contract rate on conforming 30-year fixed mortgages fell to 7.41% last week, down from 7.50% the previous week.