Mortgage Rates Surge Above 7% as Yields Soar

Mortgage rates rocket above 7% just months after falling below 6%

(Daily Caller News Foundation) – American homebuyers are facing sharply higher borrowing costs after a widely watched mortgage rate measure surged above 7% Tuesday, reversing much of the relief borrowers saw earlier in 2026. The average 30-year fixed mortgage rate reached 7.22% Tuesday, up from 7.17% Monday and hitting a 52-week high, according to Mortgage […]

Mortgage Rates Higher Again Ahead of Fed

Mortgage rates moved higher for the 6th day in a row on Tuesday and to the highest levels since January, 2025. The average top-tier 30yr fixed rate is up to 7.22% and the most prevalently-quoted top-tier rate is 7.25%. Over the past 6 days, the average is up 0.33%, which is is the most abrupt jump…

Mortgage Rates Surge Above 7% as Yields Soar

ST. LOUIS, MO – September 16, 2026 (STL.News) American homebuyers face another major affordability setback as mortgage rates climb back to about 7%, driven by a sharp rise in U.S. Treasury yields, persistent inflation concerns, rising energy prices, and uncertainty around the Federal Reserve. The average 30-year fixed mortgage reached 7.17% Monday, according to Mortgage […] This News Mortgage Rates Surge Above 7% as Yields Soar appeared first on…

Average mortgage rates surge back toward 7%

Mortgage rates are back near 7 percent as inflation, Middle East turmoil and rising US debt push borrowing costs higher.