Fed Rate Hikes Add Pressure: US Mortgage Rates Climb for Fourth Straight Week, Approaching 7%, Housing Market Recovery May Be Further Delayed

Zhito Finance APP has learned that the U.S. housing market is once again facing pressure from high interest rates. Data released by Freddie Mac on Thursday showed that as of September 17, the average rate on the 30-year fixed mortgage in the United States rose to 6.95%, up from 6.76% the previous week, marking a fourth consecutive weekly increase and the highest level since January 2025. By comparison, the same period last year saw this rate at only 6.26%.