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Macro Finance

Mortgage Rates Top 7% for First Time in More Than 2 Years

NBC Business·September 25, 2026·1 min read
Mortgage Rates Top 7% for First Time in More Than 2 Years

The 30-year fixed mortgage rate averaged 7.45%, its highest level in more than two years, making it harder for Americans to enter the housing market. NBC's Christine Romans explained on TODAY why rates are rising and what it means for borrowers and savers.

Read at NBC Business
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