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NYT

Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market

Thursday, September 24, 2026


The average rate on a 30-year mortgage in the United States reached 7.03 percent, according to data released on the reported date. This represents movement in mortgage rates during the period covered. Housing affordability metrics are affected by interest rate levels.

Original reporting: https://www.nytimes.com/2026/09/24/business/mortgage-rates-7-percent.html

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