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Oct 8, 2026 1:11 PM — Mortgage Rates
Mortgage Rates Are Up Again This Week — How Can Home Buyers Cope?
Mortgage rates have risen for the fourth consecutive week, with the average 30-year fixed-rate mortgage reaching 7.41% APR, a 15-point increase. Over the past month, rates have climbed by 67 basis points, significantly impacting home buyers' purchasing power—dropping affordability by over $30,000 for a $3,000 monthly payment. Many buyers are turning to adjustable-rate mortgages or methods like buy... more
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