# Mortgage rates top 7% as higher borrowing costs hit consumers | Morning Bid

https://mins.news/en/video/73754

- Reuters, 2026-09-25 10:16 UTC
- Economy
- Original: https://www.youtube.com/watch?v=awWZE-cyBSU

> A global bond selloff has pushed U.S. 30-year yields to their highest level in more than two decades, sending mortgage rates above 7% and putting borrowers under pressure. Reports of a phased U.S.-Iran agreement offer hope that the Strait of Hormuz may reopen, but oil markets remain cautious and any relief is unlikely to arrive quickly.

## Stories

- [US Interest Rate Policy and Economic Data](https://mins.news/en/topic/us-labor-market-and-jobs-data) — Markdown: https://mins.news/en/topic/us-labor-market-and-jobs-data.md

## Related coverage

- [What Rising Mortgage Rates Mean for Homebuyers as Russian Propaganda Reaches Ukraine](https://mins.news/en/video/74676) — NBC News, 2026-09-25
- [Bond Selloff Fades as US and Iran Said to Explore Phased Deal; Trump-Xi Summit Yields Few Announcements](https://mins.news/en/video/73850) — Bloomberg Television, 2026-09-25
- [European bond yields ease after sell-off as US mortgage rates hit Trump-term high](https://mins.news/en/item/73673) — euronews, 2026-09-25
- [US mortgage rates breach 7% as affordability pressures mount](https://mins.news/en/item/72684) — Financial Times, 2026-09-24
- [US Mortgage Rates Surge Above 7% to a More Than Two-Year High](https://mins.news/en/item/71305) — Bloomberg News, 2026-09-23
- [US 30-year mortgage rate tops 7%, hits two-year high](https://mins.news/en/item/70765) — Reuters, 2026-09-23