Business

Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%

ABC News Money · September 24, 2026 at 12:13 PM

Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%

The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate increases

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Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%

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