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30-year fixed mortgage rate tops 7% for the first time in over a year

The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.

1 report1 sourceSep 10, 2026, 6:30 PM
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CNBCSep 10, 2026, 6:30 PM

30-year fixed mortgage rate tops 7% for the first time in over a year

The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.

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