Mortgage rates rose for the seventh straight week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 7.4% from last week's reading of 7.28%.The average rate on a 30-year loan was 6.3% a year ago.BABY BOOMERS ARE POISED TO UNLEASH MILLIONS OF HOMES — BUT THERE'S A CATCH FOR FIRST-TIME BUYERS"This increase comes amid continued upward pressure from the 10-year Treasury yield, which averaged 5.28% this week, 9 basis points higher than the week before" said Realtor....
Mortgage rates rise for seventh straight week, squeezing homebuyers
HALO Newsroom
Oct 8, 2026 • 20 hours ago
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Wayne G Fraser
HALO Contributor
Insurance Broker
Insurance Industry
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Georgia, North Carolina, South Carolina
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17934945