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Mortgage Rates Rise Above 7 Percent, Pushing Homebuying Further Out of Reach

Average U.S. mortgage rates rose on October 15, 2026, climbing above 7 percent, which keeps elevated home prices a barrier for prospective buyers.

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Oct 15, 8:05 AM nytimes.com Homeownership Drifts Further Out of Reach as Rates Rise
Oct 15, 7:12 AM nerdwallet.com Mortgage Rates Today, Thursday, October 15: A Little Higher