Mortgage rates above 7% are the 'new normal'—here's why
Source:
cnbc
October 26, 2026 · 07:00
From the publisher
High inflation and competition for investor dollars are helping keep longer-term interest rates elevated, economists say.
About the source
CNBC
The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…
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