https://www.live-feeds.com/feed/mortgage-rates-now-close-to-7-5Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/mortgage-rates-now-close-to-7-5https://www.live-feeds.com/feed/mortgage-rates-now-close-to-7-5#u85217Sat, 26 Sep 2026 15:15:30 +0000US mortgage rates have climbed above 7 percent for the first time in over two years, dealing a severe blow to the frozen housing market. The 30-year fixed home loan average jumped sharply on Thursday to reach 7.45 percent, according to Mortgage News Daily and CNBC data. This marks the fifth consecutive week of increases. The surging borrowing costs intensify affordability pressures for prospective home buyers across the country as fallout from the war with Iran impacts the broader economic landscape.Why it mattersHousing affordability continues to deteriorate as borrowing costs compound a weak