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Mortgage rates sit at nearly 3-year high, and demand continues to shrink

Mortgage rates rose to the highest level in nearly three years, causing demand for both refinancing and homebuying to decline even further.

Mortgage rates sit at nearly 3-year high, and demand continues to shrink

Published October 7, 2026 · Category: Finance

Overview

Mortgage rates rose to the highest level in nearly three years, causing demand for both refinancing and homebuying to decline even further.

Source

Originally published at www.cnbc.com.

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