Mortgage Rates Hit New 3-Year High as Fed Official Says More Hikes Are Needed

Real Estate News · October 8, 2026 · Source: Realtor.com · By Snejana Farberov · 4 min read at the source

Red arrow going up collaged over a blue home with a white picket fence in the fall

The average rate on 30-year fixed mortgages climbed to 7.4% for the week ending Oct. 8, up 12 basis points from last week.

Reported by Snejana Farberov for Realtor.com (Trends), originally published October 8, 2026.

Read the full article on Realtor.com

Topics: Trends, Bonds, Data Journalism, Economic Indicators, Economy, Federal Reserve, Freddie Mac, Mortgage Rates

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