Macro Finance
US Mortgage Rates Jump to 7.49%, Highest in Nearly Three Years
Bloomberg Markets·October 7, 2026·1 min read
U.S. mortgage rates climbed for a seventh straight week to 7.49%, the highest level in nearly three years. This increase compounds the nation's affordability problem, making homeownership more expensive for buyers. The sustained rise in rates reflects broader economic conditions and adds strain to the housing market.
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