Mortgage Rates Surge, Notching Largest Weekly Gain in Four Years — Live Feedhttps://www.live-feeds.com/feed/mortgage-rates-surge-notching-largest-weekly-gain-in-four-yearsContinuously updated, source-cited coverage. Mortgage Rates Surge to 7.28% in Largest Weekly Gain in Four Yearshttps://www.live-feeds.com/feed/mortgage-rates-surge-notching-largest-weekly-gain-in-four-yearshttps://www.live-feeds.com/feed/mortgage-rates-surge-notching-largest-weekly-gain-in-four-years#u98894Sun, 04 Oct 2026 13:30:35 +0000Mortgage rates jumped to 7.28% following a bond-market selloff, dealing another blow to the housing market. Rates for 30-year fixed-rate mortgages climbed from 7.03%, marking the largest weekly gain in four years according to Freddie Mac data. The rising costs are altering the home-buyer playbook, pushing some prospective buyers toward riskier loans as affordability narrows further. Meanwhile, residential lending has fallen for 11 of 12 quarters following the post-lockdown refinance boom, underscoring the deep strain currently facing the broader housing sector across the country.Why it matters