Samantha Delouya
- Indexed articles, last 90 days
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- Sep 3, 2026
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- Jul 30, 2026
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Mortgage rates hit a new high for 2026, marching closer to 7% (opens the original)
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(CNN) â The global sell-off in the bond market is hitting the housing market, with US mortgage rates surging to their highest level of the year. Thatâs putting fresh pressure on home shoppers and homeowners hoping to refinance. The average 30-year fixed mortgage rate rose to 6.71% this week, according to Freddie Mac. Thatâs the highest level since July 2025. Mortgage rates are closely tied to the 10-year Treasury yield, which often moves in tandem with investorsâ expectations for future
Mortgage rates climb to highest level in a year (opens the original)
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(CNN) â Five months into the war in Iran, rising oil prices and stubborn inflation are driving mortgage rates to the highest level in a year. The average 30-year fixed mortgage rate climbed to 6.66% this week, the highest since July of last year, according to Freddie Mac. Thatâs up from 6.58% last week, marking the biggest one-week jump in mortgage rates in 10 weeks. Just a few months ago, mortgage rates dipped below 6% for the first time in years, fueling hopes that lower borrowing costs wo
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