Mortgage rates surge to highest level since 2023 as bond yields spike

Mortgage rates surge to highest level since 2023 as bond yields spike

Source: www.foxbusiness.com · Section: business-tech · Bias: Right · Published: Thu, 01 Oct 2026 16:14:31 GMT

The average rate on a 30-year fixed mortgage rose this week to 7.28%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.03%.

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