Mortgage Rates Jump as Markets Price in More Fed Rate Hikes
By: Chen Zhao | Published: 2026-09-28 20:56:19 | Source: www.redfin.com
In A Nutshell: Mortgage rates have shot up as a number of economic concerns come together in a perfect storm. There’s little on the horizon to offer relief without addressing the fundamental drivers behind the market’s expectation that the Fed may hike rates further, undoing most of the rate cuts from the past two years.
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The little-known PMI surveys coming in higher than expected last week…

