https://www.live-feeds.com/feed/homeowners-are-clinging-to-their-below-4-mortgages-for-dear-life-as-mortgage-rates-went-over-7Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/homeowners-are-clinging-to-their-below-4-mortgages-for-dear-life-as-mortgage-rates-went-over-7https://www.live-feeds.com/feed/homeowners-are-clinging-to-their-below-4-mortgages-for-dear-life-as-mortgage-rates-went-over-7#u104629Tue, 06 Oct 2026 01:05:08 +0000Mortgage rates have surged past 7%, reaching their highest point since 2023. This spike is driven by rising Treasury and bond yields, resulting in the largest weekly gain in four years. Homeowners with loans below 4% are refusing to sell or refinance to avoid these higher costs. In Q2, mortgages with rates below 3% represented 19.2% of all outstanding loans, down only 1 percentage point from 20.2% in Q2 of the previous year. This trend is limiting housing inventory and pushing some new buyers toward riskier loan products.Why it mattersThe current rate environment contrasts sharply with the 202