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US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing market

Mortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.95% from 6.76% last week. One year ago, the average rate was 6.26%. The average rate on 15-year…

Sources (1)· Sep 17, 5:02 PM

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The Atlanta Journal-Constitution· Sep 17, 5:02 PMUS mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing market

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Fall housing outlook for Metro Detroit homebuyersThis week, the Federal Reserve increased its benchmark interest rate by a quarter-point, a move that likely will make it even costlier for consumers looking to buy a home.

WDIV ClickOnDetroit21d agoWhole story →

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Struggling US homebuyers, and market, face new hurdles as mortgage rates climb to nearly 7%Mortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.95% from 6.76% last week. One year ago, the average rate was 6.26%. The average rate on 15-year…

The Atlanta Journal-Constitution21d agoWhole story →

Economy mortgage rate increase

CitiCenter project gets underway in downtown AkronKickoff event marks beginning of transforming historic building into apartments From left, Akron Mayor Shammas Malik, Welty Enterprises CEO Don Taylor and Summit County Assistant Chief of Staff Greta Johnson celebrate at the Sept. 10 CitiCenter Project kickoff event. DOWNTOWN AKRON — After years of planning, financing challenges and delays, redevelopment…

akron.com21d agoWhole story →

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Oregon Lawmakers Seek to End Secrecy Around Housing SubsidiesLeaders of the state’s House and Senate housing committees said they want to eliminate a law that exempts the detailed financials of subsidized housing projects from public disclosure requirements.

ProPublica21d agoWhole story →

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San Jose says unsheltered homelessness fell 30%. The county hasn’t reviewed its modelThe dramatic result would bolster Mayor Matt Mahan's efforts, but the numbers haven't been confirmed by the region’s official homelessness count.

The Mercury News22d agoWhole story →

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Spokane Mayor Lisa Brown, speaking from new venue, highlights challenges and accomplishments in third State of the City address - Tue, 06 Oct 2026 PSTSpokane Mayor Lisa Brown held her third State of the City address Tuesday, highlighting the effort to fight and recover from devastating wildfire in early August, the monumental task of setting up the city’s own 911 dispatch service and the continued work of addressing chronic homelessness.

Spokane Spokesman-Review2d agoWhole story →

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Letters: Save funding for New Orleans’ low-barrier shelterI was disturbed to read that New Orleans Mayor Helena Moreno's administration is proposing a $5 million cut to New Orleans' low-barrier homeless shelter.

Baton Rouge Advocate1d agoWhole story →

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Maine needs a housing strategy. Hannah Pingree has one. | LetterThe Democratic gubernatorial nominee will address the crisis if elected in November.

Portland Press Herald1d agoWhole story →

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US 30-year mortgage rate hits highest in nearly three yearsThe interest rate on the most common US home loan jumped to 7.49%, worsening affordability for buyers four weeks before elections that will decide if ‌the Republicans keep control of Congress.

Reuters1d agoWhole story →

Economy elections and interest rates

Young voters struggle to afford housing. But they don't expect help from political candidatesPennsylvania's competitive U.S. House districts showcase how housing affordability challenges for young voters may play into control of the next Congress.

CNBC1d agoWhole story →

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Struggling US homebuyers, and market, face new hurdles as mortgage rates climb to nearly 7%Mortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.95% from 6.76% last week. One year ago, the average rate was 6.26%. The average rate on 15-year…

The Atlanta Journal-Constitution21d agoWhole story →

Planet mortgage rate increase

America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year.

WDIV ClickOnDetroit19d agoSources (2)Whole story →

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What does a Fed rate hike mean for mortgage rates?Homebuyers face higher borrowing costs after the 30-year fixed rate for mortgages rose last week to its highest level in nearly two years. Don’t just blame the Federal Reserve.

Spokane Spokesman-Review16d agoWhole story →

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US fixed 30-year mortgage rate jumps to 7.12%, MBA saysThe ‌rate on the most popular US home loan rose last week to its highest in more than two years, after the Federal Reserve lifted short-term interest rates to combat inflation, and rising oil prices drove up Treasury yields that underpin residential borrowing costs.

Reuters15d agoWhole story →

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US 30-year mortgage rate hits highest in nearly three yearsThe interest rate on the most common US home loan jumped to 7.49%, worsening affordability for buyers four weeks before elections that will decide if ‌the Republicans keep control of Congress.

Reuters1d agoWhole story →

Economy elections and interest rates

Car loan rates may rise as Treasury yields climbBond yields have spiked due to expectations of persistent inflation and further interest rate hikes from the Federal Reserve, which may impact auto loan rates.

CNBC14d agoWhole story →

Here’s what a Fed rate hike means for your mortgage, car loan and credit cardsThe Federal Reserve raised interest rates Wednesday for the first time since 2023, but that won’t mean the mortgage rate or car loan you’ve been eyeing will suddenly shoot up.

Spokane Spokesman-Review22d agoWhole story →

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10-year Treasury yield hits 2002 high, raising mortgage and loan costsThe 10-year bond yield hit its highest level since 2002, impacting mortgage rates, credit cards, auto loans and housing as the market faces pressure from federal budget deficits.

Fox Business5d agoWhole story →

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