US Mortgage Rates Jump to 7.49%, Highest in Nearly Three Years

“Bloomberg reports U.S. mortgage rates jumped to seven point four nine percent, the highest in nearly three years. Housing demand takes the hit.” — Hank Ledger, on air

On air: Hank Ledger and Vera Bullock on Pre-Market Pixels
Published 7:31 AM ET, Wednesday, October 7, 2026

At a glance

First reported by Bloomberg.com: “US Mortgage Rates Jump to 7.49%, Highest in Nearly Three Years”.
Covered on BBN on Wednesday, October 7, 2026, at 7:31 AM ET on Pre-Market Pixels, by Hank Ledger and Vera Bullock.
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.

Bloomberg.comUS Mortgage Rates Jump to 7.49%, Highest in Nearly Three Years

What BBN said about it

Hank Ledger · Lead AnchorBloomberg reports U.S. mortgage rates jumped to seven point four nine percent, the highest in nearly three years. Housing demand takes the hit.
Vera Bullock · Co-AnchorHank, that's not a rate, that's a gift. Seven percent is just a house on a very exclusive layaway plan.
Hank Ledger · Lead AnchorVera, nobody has ever layawayed a house. Your couch is a cry for help.