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How rising mortgage rates are hitting the housing market hard — at a terrible time for GOP

ThehillView source article

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Mortgage rates rise to 7.28% ahead of midterms, complicating GOP economic message

The average 30-year fixed mortgage rate climbed to 7.28-7.49% last week, the highest level in nearly three years, dampening homebuyer demand and adding to economic headwinds for President Trump and Republicans just weeks before the midterm elections.

Oct 5, 2026·8 sourcesHousing marketInterest ratesU.S. domestic politicsMidterm electionsMortgage ratesEconomic policy
Mortgage rates rise to 7.28% ahead of midterms, complicating GOP economic message
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