Mortgage rates rose to more than 7% for the first time since January 2025, 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 7.03% from last week's reading of 6.95%.The average rate on a 30-year loan was 6.3% a year ago.AMERICA'S BEST AND WORST CITIES FOR HOUSING AFFORDABILITY RANKEDThe average rate on a 15-year fixed mortgage climbed to 6.42% from last week's reading of 6.26%.THE US CITIES WHERE HOME PRICES ARE FALLING THE FASTESTMortgage rates are affected by...
Mortgage rates top 7% for first time since early 2025
HALO Newsroom
Sep 24, 2026 • 4 weeks ago
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Contributors
Wayne G Fraser
HALO Contributor
Insurance Broker
Insurance Industry
State
Georgia, North Carolina, South Carolina
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17934945