Mortgage rates jump sharply higher, after easing for four straight weeks. Here's why — Live Feedhttps://www.live-feeds.com/feed/mortgage-rates-jump-sharply-higher-after-easing-for-four-straight-weeks-here-s-whyContinuously updated, source-cited coverage. Mortgage rates jump to 7.30% after hot inflation data ends four-week declinehttps://www.live-feeds.com/feed/mortgage-rates-jump-sharply-higher-after-easing-for-four-straight-weeks-here-s-whyhttps://www.live-feeds.com/feed/mortgage-rates-jump-sharply-higher-after-easing-for-four-straight-weeks-here-s-why#u201884Sun, 15 Nov 2026 06:46:25 +0000The average 30-year fixed mortgage rate surged 12 basis points to 7.30% on Tuesday, reversing a four-week slide that had brought buyers back to the market. The spike followed hotter-than-expected consumer price index data that reignited bets on the Federal Reserve keeping interest rates higher for longer. Prior to the jump, the MBA survey showed the contract rate at 7.21% for the week ending November 6, down 29 basis points over four weeks but still 87 basis points above a year ago. The sudden reversal underscores how sensitive housing costs remain to inflation prints.Why it mattersMortgage ra