09/10/2026
Mortgage rates surge: Weekly averages jump to 2026 high; daily surpasses 7%
Treasury market turbulence and persistent inflation fears are driving borrowing costs higher. However - Over the last 40 years (from 1986 to 2026), the average 30-year fixed mortgage rate in the U.S. has ranged from a record low of 2.65% in 2021 to a high of over 11% in the late 1980s.
There are ways to help lower your rates and costs - and knowing the right Realtor with the expertise and knowlege to navigate this market is essential. You need to review your rates, APR and closing costs and make sure your Realtor is working with you.
Expertise, Experience, Excellence. See the Difference 25+ years of real estate experience plus being a former mortgage broker can help you with in this turbulent market.
https://www.homes.com/news/mortgage-rates-surge-weekly-averages-jump-to-2026-high-daily-surpasses-7/1248588744/
Key takeaways:The average 30-year, fixed-rate mortgage rose to 6.76%, its highest weekly level since June 2025, according to Freddie Mac.Daily