https://www.live-feeds.com/feed/us-mortgage-rates-top-7-for-first-time-in-20-monthsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-mortgage-rates-top-7-for-first-time-in-20-monthshttps://www.live-feeds.com/feed/us-mortgage-rates-top-7-for-first-time-in-20-months#u85847Sun, 27 Sep 2026 04:05:11 +0000US mortgage rates have risen above 7%, with the 30-year fixed rate hitting 7.45% on Thursday. This surge represents the highest level in over two years and the first time rates have topped 7% in 20 months. The increase follows a bond rout and rising bond yields, further straining a housing market described as frozen or weak. Market analysts suggest the spike is linked to fallout from the war in Iran.Why it mattersHigh borrowing costs reduce affordability for homebuyers and discourage current homeowners from refinancing or selling. This creates a stagnant market where inventory remains low. The