Mortgage Rates Rise for Seventh Straight Week, Squeezing Homebuyers
Mortgage rates rose for the seventh straight week, mortgage buyer Freddie Mac said Thursday.
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Doc_Sarvis
Joined 2006/01/26Visited 2026/10/09
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Mortgage rates climbed higher for the seventh week in a row, to 7.40%, driving the average long-term U.S. home loan rate to its highest level in nearly three years. One year ago, the average rate was 6.30%.[image or embed] -- The Denver Post (@denverpost.com) 2:06 PM · Oct 8, 2026
Mortgage rates climbed higher for the seventh week in a row, to 7.40%, driving the average long-term U.S. home loan rate to its highest level in nearly three years. One year ago, the average rate was 6.30%.[image or embed]
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Suboptimal.
#1 | Posted by Doc_Sarvis at 2026-10-08 03:00 PM | Reply
It's all tied to the bond market.
#2 | Posted by lfthndthrds at 2026-10-08 08:37 PM | Reply
Captain Obvious enters the chat
#3 | Posted by truthhurts at 2026-10-08 08:47 PM | Reply
Maybe you should ponder why the bond markets are acting the way they are.
#4 | Posted by truthhurts at 2026-10-08 08:48 PM | Reply
Bond markets are reacting to the spending that has occurred in western countries since COVID.
#5 | Posted by lfthndthrds at 2026-10-09 08:25 AM | Reply
Bond markets are reacting to the spending that has occurred in western countries since COVID. #5 | Posted by lfthndthrds
Hahahaha!
I'm sure Trump starting a war with Iran and a trade war with the world isn't a factor.
It's all because of something Biden did.
Six years ago.
That's just now undergoing "price discovery."
#6 | Posted by snoofy at 2026-10-09 10:53 AM | Reply
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