Mortgage rates rise for seventh straight week, squeezing homebuyers

Mortgage rates rise for seventh straight week, squeezing homebuyers

Source: www.foxbusiness.com · Section: business-tech · Bias: Left · Published: Thu, 08 Oct 2026 16:23:46 GMT

The average rate on a 30-year fixed mortgage rose this week to 7.4%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.28%.

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