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mortgage rate

British

noun

the level of interest charged by building societies and banks on house-purchase loans

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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mortgage rate

Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing over 7%.

From The Wall Street Journal ● Oct. 20, 2026

The 30-year mortgage rate averaged 7.56% as of Oct.

From MarketWatch ● Oct. 14, 2026

Read: 30-year mortgage rate posts biggest jump in four years — to nearly 7.3%

From MarketWatch ● Oct. 9, 2026

The average fixed 30-year mortgage rate in the U.S. was 7.52%, hovering around three-year highs, according to Bankrate.

From The Wall Street Journal ● Oct. 7, 2026

The average 30-year fixed mortgage rate rose to 7.28%, adding pressure on home buyers and homebuilder stocks.

From Barron's ● Oct. 1, 2026

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023