On Thursday, 4 of 8 tracked lenders changed posted rates, including U.S. Bank's 20-Year Fixed rising to 7.375% (+0.25) and Bank of America's 15-Year Fixed falling to 6.75% (−0.125). Freddie Mac's survey put the average 30-year fixed mortgage rate at 7.40% for the week ending October 8, 2026, up from 7.28% a week earlier and the highest since November 2023. The article says the 10-year Treasury yield closed at 5.21%, down 3 basis points from the prior close, and that today's lender moves show no clear macro driver. On demand, RateZip's index shows September 2026 mortgage inquiries 4% lower than August but 99% higher than a year earlier, with home-equity products making up 90% of inquiries.
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