B · Normal
[U.S. mortgage rates broke through the 7% mark and rose to a high in more than two years] On September 23, U.S. mortgage rates rose to their highest level in more than two years, further dragging down the housing market, which is already constrained by high housing prices and sluggish sales. Data released by the Mortgage Bankers Association (MBA) on Wednesday showed that the contract interest rate on a 30-year fixed-rate mortgage rose 15 basis points to 7.12% in the week ended September 18. This level is the highest since May 2024. However, mortgage rates that are fixed for the first five years and then adjustable fell 13 basis points to 6.1%.
Global market intelligence 🕐 2026-09-23 23:18
#Global market intelligence
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