US mortgage rates top 7% for first time in 20 months
Mortgage rates have been creeping back up since late February. Photograph: Bloomberg/Getty ImagesView image in fullscreenHomes in Palm Beach Gardens, Florida. Wages have not kept pace with higher inflation, and everyday costs are higher.The frustration is expected to show up in November’s midterm elections as Republicans struggle to maintain control of Congress.
- ▪Mortgage rates have been creeping back up since late February.
- ▪Photograph: Bloomberg/Getty ImagesView image in fullscreenHomes in Palm Beach Gardens, Florida.
- ▪Wages have not kept pace with higher inflation, and everyday costs are higher.The frustration is expected to show up in November’s midterm elections as Republicans struggle to maintain control of Congress.
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| Original publisher | The Guardian — World |
| Canonical URL | https://www.theguardian.com/business/2026/sep/24/mortgage-rates-housing-market |
| Publication time | Thu, 24 Sep 2026 16:31:58 GMT |
| Retrieval time | 2026-09-24T16:45:27.193Z |
| Last seen | 2026-09-24T16:45:27.193Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | pHj-vZcCLwFR · 1 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
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Homes in Palm Beach Gardens, Florida. Mortgage rates have been creeping back up since late February. Photograph: Bloomberg/Getty ImagesView image in fullscreenHomes in Palm Beach Gardens, Florida. Mortgage rates have been creeping back up since late February. Photograph: Bloomberg/Getty ImagesUS economyUS mortgage rates top 7% for first time in 20 monthsIncrease comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wagesGaya GuptaThu 24 Sep 2026 12.31 EDTLast modified on Thu 24 Sep 2026 12.34 EDTSharePrefer the Guardian on GoogleUS mortgage rates surpassed 7% for the first time since January 2025, according to federal lender Freddie Mac, aggravating a housing market that has endured years of high interest rates and low supply.The increase…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — World.
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