09/26/2026
5.99% → The average 30-year fixed mortgage rate just before Iran’s Ali Khamenei was killed.
7.45% → The average 30-year fixed mortgage rate on September 24, 2026.
A great deal has happened between those dates. Higher energy costs have added to inflation, while a resilient labor market has also put pressure on borrowing rates. These are national averages; the useful question is what the numbers mean for your own plans to buy, sell, or stay put.
Credit: Lance Lambert and ResiClub for the analysis; Minju Kang for the original inflation chart, based on Bureau of Labor Statistics data. Mortgage rates: Mortgage News Daily.