Mortgage Rates Hit 3-Year High; Economists Foresee Stalling Market — RISMedia
By: Desirae Sin | Published: 2026-10-02 17:34:15 | Source: www.rismedia.com
The Federal Reserve’s new interest rate increase will likely be felt throughout the real estate industry, with mortgage rates surpassing last week’s data highlighting a two-year peak.
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According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.28%, up from last week’s average of 7.03% and up from…
