Theclose iconThecloseSep 17, 2026

Fed Raises Rates for First Time in 3 Years as Mortgage Rates Hover Near 7%

The Fed's first rate hike in more than three years comes as mortgage rates hover near 7%, putting renewed pressure on buyer affordability.

Fed Raises Rates for First Time in 3 Years as Mortgage Rates Hover Near 7%

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The Fed's first rate hike in more than three years comes as mortgage rates hover near 7%, putting renewed pressure on buyer affordability.

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The Fed's first rate hike in more than three years comes as mortgage rates hover near 7%, putting renewed pressure on buyer affordability.

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