https://www.live-feeds.com/feed/as-mortgage-rates-hit-highest-level-since-2023-buyers-look-at-armsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/as-mortgage-rates-hit-highest-level-since-2023-buyers-look-at-armshttps://www.live-feeds.com/feed/as-mortgage-rates-hit-highest-level-since-2023-buyers-look-at-arms#u97814Sun, 04 Oct 2026 01:54:44 +0000The average 30-year fixed-rate mortgage has reached 7.28%, its highest level in nearly three years. This surge is driving some homebuyers to consider adjustable-rate mortgages (ARMs) as an alternative. The increase is attributed to rising Treasury yields. Mortgage rates have been climbing for six consecutive weeks, with the largest one-week jump in nearly four years.Why it mattersThe housing market is sensitive to mortgage rate fluctuations, as they affect affordability and demand for homes. High rates can dampen homebuying activity, while lower rates can stimulate it. The current rate environ