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The average 30-year, fixed-rate mortgage rate, the most common home loan in the United States, rose to 7.03 percent, up from 6.3 percent a year ago, the mortgage giant Freddie Mac said Thursday.
- Simplified Text
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On September 24, 2026, Freddie Mac reported that the average rate on a 30-year fixed-rate mortgage in the U.S. had risen to 7.03 percent, up from 6.3 percent in September 2025.
- Confidence Score
- 1.000
- Claim Maker
- Freddie Mac
- Context Type
- News Article
- Context Details
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{ "date": "2026-09-24", "loan_type": "30-year, fixed-rate mortgage", "statistic": "7.03%", "organization": "Freddie Mac" } - Subject Tags
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- af4642af-6b97-4911-996d-0bdd0fa45a96
- Vector Index
- ✗ No vector
- Created
- September 25, 2026 at 3:05 AM (2 weeks ago)
- Last Updated
- September 25, 2026 at 3:05 AM (2 weeks ago)
Original Sources for this Claim (3)
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The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability. This rise is attributed to the economic uncertainty and higher energy costs stemming from the war with Iran.
As the midterm elections approach, some Republicans are calling for an end to the costly war with Iran, which has driven up gas prices and mortgage rates. This stance puts them at odds with President Trump, who is considering escalating the conflict.
As the 2026 midterm elections approach, President Trump faces political challenges due to persistently high gas prices and rising mortgage rates, exacerbated by the ongoing war in Iran. Voters are increasingly blaming Trump for their financial woes, despite his claims of a strong economy.
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