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New York Post Business · Sep 24, 2026 4:31 PM EDT Housing

Mortgage rates top 7% for first time since January 2025 in blow to homebuyers

The average rate is now the highest its been since Jan. 16, 2025, when it was at 7.04%.

Mortgage rates top 7% for first time since January 2025 in blow to homebuyers
Image New York Post Business

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How this story developed

8 reports over 1 day
  1. The Washington Post Why mortgage rates could soon rise even more Strong bearish −48
  2. NPR Business Mortgage rates have just surpassed 7% for the first time in well over a year Strong bearish −42
  3. ABC News Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7% Strong bearish −79
  4. New York Post Business You're reading this Mortgage rates top 7% for first time since January 2025 in blow to homebuyers Strong bearish −46
  5. The Guardian Business US mortgage rates top 7% for first time in 20 months Strong bearish −67
  6. CBS Money Watch Mortgage rates are back above 7%. How much higher could they climb? Bullish +19
  7. Market Watch 8% mortgage rates are 'not an impossibility' as the 30-year fixed rate surges Neutral −13
  8. CNBC Top Stories 30-year fixed mortgage rate jumps sharply Thursday to 7.45% Strong bearish −80

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