# Mortgage rates hit 7% for first time in over a year

> Mortgage rates cross 7% threshold after long wait.
- Title: Mortgage rates hit 7% for first time in over a year · NPR
- Summary: Mortgage rates cross 7% threshold after long wait. Mortgage rates have surpassed 7% for the first time in well over a year, marking a significant shift in…
- Keywords: mortgage rates, freddie mac, homebuying, housing market, npr, news, Mortgage, rates, hit, first, time, year
- Source: NPR — https://npr.org/2026/09/24/nx-s1-5977796/mortgage-rates-freddie-mac-homebuying
- Published: 2026-09-24T00:00:00+00:00
- Read time: 1 min
- Topics: mortgage rates, freddie mac, homebuying, 7%, housing market, npr, news
## Mortgage rates
Mortgage rates have just surpassed 7% for the first time in well over a year.
## Reported by NPR
NPR reported mortgage rates have just surpassed 7% for the first time in well over a year.
## Date and time
September 24, 2026 at 12:01 PM ET.
## Source
By Stephan Bisaha.
## Mortgage rates
Mortgage rates have just surpassed 7% for the first time in well over a year.
## Key takeaway

Mortgage rates have surpassed 7% for the first time in well over a year, marking a significant shift in the housing market.