https://www.live-feeds.com/feed/30-year-fixed-mortgage-rate-jumps-sharply-thursday-to-7-45Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/30-year-fixed-mortgage-rate-jumps-sharply-thursday-to-7-45https://www.live-feeds.com/feed/30-year-fixed-mortgage-rate-jumps-sharply-thursday-to-7-45#u85414Sat, 26 Sep 2026 19:25:46 +0000The average 30-year fixed mortgage rate jumped to 7.45% on Thursday, marking the highest level in over two years. Rates have climbed for five consecutive weeks, pushing the average home loan above 7%. This surge is impacting a housing market already described as frozen or weak, while renters face increased pressure. The New York Times attributes this market volatility to the fallout from the war in Iran.Why it mattersRising borrowing costs reduce affordability for home buyers and discourage current homeowners from selling. This creates a deadlock in housing inventory. Continued rate hikes may