CNBC(@CNBC):Data shows that housing has become increasingly less affordable over the years. Average rates for a 30-year fixed mortgage were 7.4% the week of Oct. 15, according to Freddie Mac data. That’s the highest in about three years — since November 2023 — and up from about 6.3% a year ago. Outside of the post-pandemic period, average mortgage rates haven’t been this high since 2000, according to Freddie Mac data. Learn more:

2026.10.21 21:41

Data shows that housing has become increasingly less affordable over the years. Average rates for a 30-year fixed mortgage were 7.4% the week of Oct. 15, according to Freddie Mac data. That’s the highest in about three years — since November 2023 — and up from about 6.3% a year ago. Outside of the post-pandemic period, average mortgage rates haven’t been this high since 2000, according to Freddie Mac data. Learn more: