HeyJaredJeffrey Sparshott
- Indexed articles, last 90 days
- 4
- Latest publication
- Sep 23, 2026
- Outlet visibility, for National Mortgage News
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- Aug 5, 2026
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Mortgage rates surge above 7% to a more than two-year high (opens the original)
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US mortgage rates rose to the highest level in more than two years, further weighing on a housing market already suppressed by elevated prices and sluggish sales. The contract rate on a 30-year fixed mortgage rose 15 basis points to 7.12% in the week ended Sept. 18, according to Mortgage Bankers Association data released Wednesday. That was the highest since May 2024. The five-year adjustable-rate mortgage, however, fell 13 basis points to 6.1%. READ MORE: Fannie, MBA cut 2026 forecasts; plan fo
US mortgage rates rose to 6.97%, highest in more than a year (opens the original)
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U.S. mortgage rates last week climbed to the highest level in more than a year, marking the latest setback for an already sluggish housing market. The contract rate on a 30-year mortgage rose 12 basis points to 6.97% in the week ended Sept. 11, according to Mortgage Bankers Association data released Wednesday. That was the highest since May 2025. Rates had dipped to their lowest level since 2022 in February, just before the start of the Iran war. Since then, they've moved significantly higher, i
Mortgage rates rise to 6.85%, highest in more than a year (opens the original)
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US mortgage rates climbed to a more than one-year high last week, extending a steady rise in borrowing costs since the start of the Iran war. The contract rate on a 30-year mortgage rose 6 basis points to 6.85% in the week ended Sept. 4, according to Mortgage Bankers Association data released Wednesday. The rate on a five-year adjustable mortgage, however, dropped to 6.13%. READ MORE: Check NMN's real-time rates tracker here Prior to the start of the Iran war at the end of February, rates had fa
US mortgage rates rose to 6.81%, highest level in a year (opens the original)
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U.S. mortgage rates rose last week to the highest level in a year, curbing demand for home loans in an already subdued housing market. The contract rate on a 30-year mortgage rose 5 basis points to 6.81% in the week ended July 31, according to Mortgage Bankers Association data released Wednesday. Rates fell to their lowest levels since 2022 toward the end of February, just before the start of the Iran war. Since then, they've trended higher as the conflict pushed up energy prices and stoked infl
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