Mortgage Rates Surge to 7-year High After Fed Hike October 4 2018 Nick Principino General Mortgage Rates Surge to 7-Year High After Fed Hike However, despite higher borrowing costs, prospective buyers appear to be having more success breaking into homeownership, according to Freddie Mac. The 30-year fixed-rate mortgage jumped to 4.72 percent, up from 4.65 percent last week
