Top Stories · October 8, 2026
Highest Mortgage Rates in 3 Years Chills the Housing Market
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The average 30-year fixed-rate mortgage in the United States has reached 7.4 percent, the highest level in nearly three years. This increase follows seven consecutive weeks of rising rates, contributing to a slowdown in the housing market and increasing financial pressure on prospective homebuyers.
The average 30-year fixed-rate mortgage in the United States has reached 7.4 percent, the highest level in nearly three years. This increase follows seven consecutive weeks of rising rates, contributing to a slowdown in the housing market and increasing financial pressure on prospective homebuyers.