Donate

Play Live Radio

Next Up:

0:00

0:00 0:00

Available On Air Stations

Our online stream is currently not working with Alexa devices. We are working with our vendor to resolve this issue and we appreciate your patience. In the meantime, you can stream directly from our website or by using the NPR app.

Mortgage rates are over 7%. What it means for would-be homebuyers

NPR | By Stephan Bisaha

Published September 25, 2026 at 3:48 AM PDT

The average mortgage rate is above 7% for the first time since January 2025. Compared with earlier this year, that interest rate means would-be homebuyers would pay hundreds more each month.