Home Business News US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand

US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand

US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand

Written By:
Published: October 8, 2026 23:36:07 IST

Add NewsX As A Trusted Source

WASHINGTON, Oct 8 (Reuters) – The average rate on the popular US 30-year fixed-rate mortgage surged to a near three-year high this week, and could increase further as concerns over inflation boost

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

RELATED News

Cupid Limited Signals Strong Q2 FY27 Momentum; Raises FY27 Revenue & Profit Guidance

Biodiesel Manufacturer Namberdar Bio Fuels Limited Files DRHP with BSE SME

China defends yuan policy as Europe steps up pressure over trade surplus

Infopercept Introduces Regiment AI to Bring Controlled Autonomy to Cybersecurity

Shares slip as oil spikes and bond bashing rumbles on

LATEST NEWS

Securitize launches blockchain-based stocks

UK's Burnham says he has not downplayed Man City findings

GRAINS-Corn, soy down on active harvest, positioning ahead of USDA data

Genre-defying Canadian poet Anne Carson wins 2026 Nobel Prize in Literature

US freezes Microsoft, Adobe, Infosys green-card applications over alleged fraud

US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand

UK's Burnham says he has not downplayed Man City findings

Bordeaux police station attacked by arsonists

Motor racing-Singapore Grand Prix entertainment may be curbed if haze worsens, FIA says

Revolut favors US primary listing for potential IPO, CEO says

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS