Business

Mortgage Rates Reach New High

Updated 2026-09-24 17:25 UTC 3 sources Negative

The average 30-year mortgage rate has reached 7.03 percent, the highest in two years. This marks a fifth consecutive weekly rise and could impact homebuyers and the broader economy.

Coverage timeline — 4 articles
MarketWatch
Elon Musk’s electric-vehicle company will hold a launch event for the Cybercab autonomous vehicle on Thursday.
2026-09-03 16:50 UTC
MarketWatch
Mortgage rates ticked up to a new high for the year, delivering more bad news for home buyers.
2026-09-03 16:57 UTC
The Hill
The average 30-year mortgage rate has surpassed 7 percent, marking the first time it has done so since January 2025. The benchmark 30-year fixed mortgage rate is 7.03 percent this week, up from 6.95 percent last week, according to data from Freddie Mac. It marks the fifth-consecutive weekly rise in
2026-09-24 17:06 UTC
NPR
The 30-year fixed-rate mortgage reached 6.66% on average Thursday.
2026-07-30 20:37 UTC
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