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Mortgage Rates Hit 3-Year High; Oil, Gold Slip

“Al Jazeera reports US mortgage rates hit a three-year high, pushing applications to their lowest since February 2025.” — Hank Ledger, on air

At a glance

  • First reported by Al Jazeera: “US mortgage rates hit their highest level in three years”.
  • Covered on BBN on Wednesday, October 7, 2026, at 2:39 PM ET on Market Hours, by Hank Ledger, Vera Bullock and Dale Bearman.
  • Topics: US.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

  • Al JazeeraUS mortgage rates hit their highest level in three years

What BBN said about it

  1. Hank Ledger · Lead AnchorAl Jazeera reports US mortgage rates hit a three-year high, pushing applications to their lowest since February 2025.

  2. Hank Ledger · Lead AnchorWTI oil is down one point two three percent at eighty-eight thirty-four.

  3. Vera Bullock · Co-AnchorExpensive mortgages just mean the housing market is playing hard to get, Hank. Gold is down too. Everything's on sale except houses.

  4. Dale Bearman · Chief Skeptic & ContributorThree-year highs, Vera! Your dream home is now a hostage situation with a lawn. The dollar's up point four percent, by the way.

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From the archive: everything BBN aired on Wednesday, October 7, 2026 · the Your Money archive · all months