Blake Thor
- Indexed articles, last 90 days
- 1
- Latest publication
- Sep 30, 2026
- Outlet visibility, for WTTW News
- Top 500K sites
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- Sep 30, 2026
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Mortgages Soar as Fed Hikes Interest Rates (opens the original)
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The rate for a 30-year fixed-rate mortgage surpassed 7% for the first time since January 2025 last week, according to federal lender Freddie Mac. That’s after the Federal Reserve’s first rate hike since 2023, raising rates by a quarter of a percentage point earlier this month. The Fed said the increase was necessitated by rising inflation, but it could spell bad news for an already strained housing market. “This will increase monthly housing costs for those that are entering the market,” said Se
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For WTTW News, the outlet · Measured Aug 1, 2026
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