Article updated on Nov 1, 2024
Today's employment reading queues up another Fed rate cut, but it doesn't mean mortgage rates are going down.
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Edited by Laura Michelle Davis Editor Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.
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Today's average mortgage rates on Nov. 01, 2024, compared with one week ago. We use rate data collected by Bankrate as reported by lenders across the US.
Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.