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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

The average 30-year mortgage rate last week popped up to 7.28%, the highest in three years and more than double the average for 2020-21.

From The Wall Street Journal ● Oct. 4, 2026

One reason is that the 30-year mortgage rate tracks the 10-year Treasury rate.

From The Wall Street Journal ● Oct. 4, 2026

The 30-year mortgage rate posted the biggest one-week jump in four years, rising to 7.28% from 7.03% on Thursday, according to data from Freddie Mac.

From MarketWatch ● Oct. 1, 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

When Sean Burke and Alyse Stanley bought their first home in Rockford, Ill., in October 2023, the average 30-year mortgage rate had just crossed 8%.

From MarketWatch ● 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