# US mortgage rates reach highest level in nearly three years

https://mins.news/en/item/90111

- Al Jazeera, 2026-10-07 17:05 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/10/7/us-mortgage-rates-hit-their-highest-level-in-three-years?traffic_source=rss

> The average US 30-year fixed mortgage rate rose 19 basis points to 7.49% for the week ending October 2, its highest in nearly three years. Mortgage applications fell 4.2% week over week to their lowest level since February 2025, as rising borrowing costs deterred prospective buyers.

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