Mortgage Rates Rise for Seventh Straight Week, Squeezing Homebuyers

Friday, October 09, 2026

Mortgage rates rose for the seventh straight week, mortgage buyer Freddie Mac said Thursday.

Posted by Doc_Sarvis at 10:30 AM | 21 COMMENTS | permalink | Comment on This Entry |

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%.

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-- The Denver Post (@denverpost.com) 2:06 PM Â· Oct 8, 2026

Comments

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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

-I'm sure Trump starting a war with Iran and a trade war with the world isn't a factor.

When's the last time we built a new refinery?

How many refineries shut down for good since Biden was elected?

Keystone Pipeline, anyone?

Look at the price spread between a barrel of crude and the price of fuel and tell me you're not really retarded.

Trump's escapades in the ME aren't helping things but it's definitely not the only elephant in the living room.

#7 | Posted by lfthndthrds at 2026-10-09 12:51 PM | Reply

-Hahahaha!

Is usually what comes right before you say something really stupid.

#8 | Posted by lfthndthrds at 2026-10-09 12:52 PM | Reply

How many refineries shut down for good since Biden was elected?

#7 | Posted by lfthndthrds

Do you have a link to an article about how the POTUS and our Fed Gov builds refineries? I'd love to see it.

#9 | Posted by Whatsleft at 2026-10-09 02:18 PM | Reply | Funny: 1

Do you have a link to an article about how the POTUS and our Fed Gov builds refineries? I'd love to see it.
#9 | Posted by Whatsleft at 2026-10-09 02:18 PM | Reply | Flag:

No, but I have a link to how no refinery is built unless the government produces a permit for it.... Would you like to see it?

#10 | Posted by lfthndthrds at 2026-10-10 12:13 AM | Reply

Skank

#11 | Posted by lfthndthrds at 2026-10-10 12:14 AM | Reply

C'mon Whatsleft.... you ready or what? Fucking loser..

#12 | Posted by lfthndthrds at 2026-10-10 01:00 AM | Reply

@#12

Wow, your current alias seems to be quite active this evening, and for a sole purpose of denigrating other contributors to this most august forum.

Why?

#13 | Posted by LampLighter at 2026-10-10 01:11 AM | Reply

@#12
Wow, your current alias seems to be quite active this evening, and for a sole purpose of denigrating other contributors to this most august forum.
Why?
#13 | Posted by LampLighter at 2026-10-10 01:11 AM | Reply | Flag:

STFU loser

#14 | Posted by lfthndthrds at 2026-10-10 01:16 AM | Reply

@#12

Wow, your current alias seems to be quite active this evening, and for a sole purpose of denigrating other contributors to this most august forum.

Why?
#13 | POSTED BY LAMPLIGHTER AT 2026-10-10 01:11 AM | REPLY | FLAG

STFU loser

#15 | Posted by BellRinger at 2026-10-10 01:32 AM | Reply

@#14

Still going at it, I see.

Good luck with that.

When your current trolling alias seems to be digging a hole, maybe the better option might not be trying to dig that hole even deeper.

Jus' a suggestion.

:)

#16 | Posted by LampLighter at 2026-10-10 01:33 AM | Reply

@#9 ... Do you have a link ...

You might as well ask it if it has access to the nuclear code briefcase. ...

#17 | Posted by LampLighter at 2026-10-10 01:35 AM | Reply

... Mortgage rates rose for the seventh straight week ...

A concern about this is the rise n the interest rates for US Treasury Bonds.

The 10-year bond seems to be a determining factor for mortgage rates.

That bond is currently well over 5%.

The last time it was approaching this type of level, was the Great Recession of 2008 when consumer borrowing was surging.

Hmmm ...

#18 | Posted by LampLighter at 2026-10-10 02:00 AM | Reply

@#14 ... STFU loser

#14 | Posted by lfthndthrds ...

@#15 ... STFU loser

#15 | Posted by BellRinger ...

Curious ...

#19 | Posted by LampLighter at 2026-10-10 02:10 AM | Reply

This was the same chit going on with lending institutions as Nixon was being pushed out of office when the war in Vietnam left us with an economic crash that Carter was blamed for.

#20 | Posted by RightisTrite at 2026-10-10 03:24 AM | Reply

"Trump's escapades in the ME aren't helping things but it's definitely not the only elephant in the living room."

Let's be honest with each other. Trump is the problem. He is a disaster.

#21 | Posted by madbomber at 2026-10-10 03:43 AM | Reply