US 30-year mortgage rate hits highest in nearly three years — Live Feedhttps://www.live-feeds.com/feed/us-30-year-mortgage-rate-hits-highest-in-nearly-three-yearsContinuously updated, source-cited coverage. US 30-Year Mortgage Rates Hit Nearly Three-Year Highhttps://www.live-feeds.com/feed/us-30-year-mortgage-rate-hits-highest-in-nearly-three-yearshttps://www.live-feeds.com/feed/us-30-year-mortgage-rate-hits-highest-in-nearly-three-years#u114186Sat, 10 Oct 2026 13:31:54 +0000The average interest rate on the standard US 30-year fixed home loan has climbed to its highest level in nearly three years, driven by seven consecutive weekly increases. According to Freddie Mac, the average rate reached 7.40 percent for the week ending October 8, 2026, while separate reports indicate rates pushing up to 7.49 percent and 7.5 percent. This continuous surge compounds an ongoing affordability crisis, shrinking housing demand and pushing first-time buyers to the sidelines.Why it mattersThe spike in borrowing costs strikes the housing market hard just four weeks before elections t