✉news BusinessReal Estate first seen 10 h ago, last 7 h ago, peak #26
Mortgage Rates Edge Higher as 30-Year Holds at 7.40%
Original: Today’s Mortgage Rates, October 6, 2026: Rates Edge Higher, 30-Year Holds at 7.40%
US mortgage rates ticked slightly higher on October 6, 2026, with the average 30-year fixed rate holding steady at 7.40%. Borrowers continue to face elevated borrowing costs, keeping affordability a concern for homebuyers and prompting many to wait on the sidelines for potential rate relief.
Why now: High mortgage rates directly affect home affordability, making daily rate movements closely watched by prospective buyers and the housing industry.
30-year fixed mortgageUS housing market
Evidence
- Today’s Mortgage Rates, October 6, 2026: Rates Edge Higher, 30-Year Holds at 7.40% · Norada Real Estate Investments
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