✉news BusinessReal Estate first seen 5 h ago, last 1 h ago, peak #7
30-Year Fixed Mortgage Rate Starts the Week at 7.30%
Original: Today’s Mortgage Rates, September 28: 30-Year Fixed Rate Starts the Week at 7.30%
The average 30-year fixed mortgage rate is reported at 7.30% as of September 28, opening the week at an elevated level for homebuyers. Rates remain stuck near two-decade highs, keeping monthly payments expensive and sidelining many prospective buyers. Observers continue watching for signs the Federal Reserve's policy stance could push borrowing costs lower in the coming months.
Why now: Mortgage rates near 7.30% are at or near multi-decade highs, directly affecting housing affordability and buyer decisions.
Federal ReserveUS housing marketNorada Real Estate Investments
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Evidence
- Today’s Mortgage Rates, September 28: 30-Year Fixed Rate Starts the Week at 7.30% · Norada Real Estate Investments
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