Marketplace · Wednesday, September 23, 2026
The 30-year fixed-rate mortgage has risen to nearly 7.2%, a two-year high. Consequently, mortgage applications have declined for three consecutive weeks, according to the Mortgage Bankers Association.
“the 30-year fixed rate mortgage now sits at almost 7.2% A two-year high. Meanwhile, and to absolutely nobody's surprise, the Mortgage Bankers Association says mortgage applications have dropped for the third week in a row.”