Categories: Business News

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

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…

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

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.)

Published by
Published: October 8, 2026 23:36:07 IST

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