{"id":97581,"date":"2026-09-04T20:42:53","date_gmt":"2026-09-04T20:42:53","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/"},"modified":"2026-09-04T20:42:53","modified_gmt":"2026-09-04T20:42:53","slug":"are-mortgage-rates-heading-back-above-7-heres-what-experts-think","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/","title":{"rendered":"Are mortgage rates heading back above 7%? Here&#8217;s what experts think."},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p><span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/monthly-payments-25000-home-equity-loan-september-2026\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Mortgage rates<\/a><\/span> have confounded house hunters this year by steadily ticking higher. That trend is likely to continue, according to economists, with some predicting rates will climb back above 7%. <\/p>\n<p>&#8220;We&#8217;re effectively there,&#8221; Mark Zandi, chief economist at Moody&#8217;s Analytics, told CBS News. &#8220;And rates could easily go over.&#8221;<\/p>\n<p>The average rate for a 30-year fixed-rate mortgage rose this week to 6.71%, according to Freddie Mac, the highest in 13 months and up from below 6% in late February. Rates last reached the 7% mark in January 2025.<\/p>\n<h2>Why are mortgage rates rising?<\/h2>\n<p>Experts say the main reason mortgage rates are rising is because of turmoil in the bond market. Heightened inflation concerns due to <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/diesel-fuel-prices-record-gas-august\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">rising energy prices<\/a><\/span> and swelling U.S. government debt have sparked a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/bond-sell-off-treasury-yields-borrowing-costs\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">global bond sell-off<\/a><\/span>, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/rising-bond-yields-borrowing-costs-inflation\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">pushing up borrowing costs<\/a><\/span> for mortgages, auto loans and credit cards.<\/p>\n<p>Mortgage rates closely track the 10-year Treasury yield, which has jumped from 4.08% to 4.77% over the last six months. That&#8217;s because investors are demanding higher returns to compensate for what they see as elevated risk associated with long-duration bonds. Those higher bond yields are putting upward pressure on mortgage rates.<\/p>\n<p>With inflation still stuck well above the Federal Reserve&#8217;s 2% annual target, traders now think the central bank is likely to hike its benchmark rate later this month for the first time since July 2023, according to\u00a0<a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\">CME FedWatch<\/a>, which tracks the probability of rate moves.\u00a0<\/p>\n<p>A key piece of data will come next week, when the Labor Department releases its Consumer Price Index data for August.\u00a0<\/p>\n<p>&#8220;It&#8217;s a very fragile time in the bond market \u2014 not just in the U.S. but globally,&#8221; Zandi said, adding that with bond investors on edge, rates could easily &#8220;rise further and push mortgage rates above 7%.&#8221;<\/p>\n<p>The housing market is &#8220;going to remain under a glacier until rates come back in, which could be a while,&#8221; he added.<\/p>\n<p>Some borrowers may already be facing 7% mortgage rates, said Kate Wood, a lending expert at NerdWallet. Roughly half of the sample quotes from lenders she&#8217;s seen are already north of that threshold, she told CBS News.<\/p>\n<h2>Higher for longer?<\/h2>\n<p>&#8220;In terms of what borrowers are seeing right now, if they&#8217;re out there getting quotes from lenders, [they&#8217;ve] probably been seeing sevens for a little while now,&#8221; she said.<\/p>\n<p>Jake Krimmel, senior economist at Realtor.com, thinks mortgage costs are likely to remain elevated for a while.\u00a0<\/p>\n<p>&#8220;I don&#8217;t know if we&#8217;ll get to 7%, but we bet that things are going to go up sooner than they&#8217;re going to go down,&#8221; he said.<\/p>\n<p>Although higher mortgage rates can greatly increase the cost of buying a home, Wood said it could also present an opportunity.<\/p>\n<p>&#8220;It&#8217;s not helping you money-wise with the interest rate, but it might actually be helping you money-wise on the home price because there is going to be substantially less competition,&#8221; she said, noting that lower rates would invite buyers to come off the sidelines.\u00a0<\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/mortgage-rates-expected-cross-7-percent\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage rates have confounded house hunters this year by steadily ticking higher. That trend is likely to continue, according to<\/p>\n","protected":false},"author":1,"featured_media":97582,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[1162,7951,3169],"class_list":["post-97581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-affordable-housing","tag-department-of-housing-and-urban-development","tag-mortgage-rates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Are mortgage rates heading back above 7%? Here&#039;s what experts think. - World News<\/title>\n<meta name=\"description\" content=\"Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are mortgage rates heading back above 7%? Here&#039;s what experts think. - World News\" \/>\n<meta property=\"og:description\" content=\"Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/\" \/>\n<meta property=\"og:site_name\" content=\"World News\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-04T20:42:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg\" \/><meta property=\"og:image\" content=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"998\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/\"},\"author\":{\"name\":\"News\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\"},\"headline\":\"Are mortgage rates heading back above 7%? Here&#8217;s what experts think.\",\"datePublished\":\"2026-09-04T20:42:53+00:00\",\"dateModified\":\"2026-09-04T20:42:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/\"},\"wordCount\":503,\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"keywords\":[\"Affordable Housing\",\"Department of Housing and Urban Development\",\"Mortgage Rates\"],\"articleSection\":[\"Money Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/\",\"name\":\"Are mortgage rates heading back above 7%? Here's what experts think. - World News\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"datePublished\":\"2026-09-04T20:42:53+00:00\",\"dateModified\":\"2026-09-04T20:42:53+00:00\",\"description\":\"Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.\",\"breadcrumb\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage\",\"url\":\"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"contentUrl\":\"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/site.itshrt.com\/worldnews\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Are mortgage rates heading back above 7%? Here&#8217;s what experts think.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"name\":\"World News\",\"description\":\"World News\",\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\",\"name\":\"World News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"contentUrl\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"width\":581,\"height\":581,\"caption\":\"World News\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\",\"name\":\"News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Are mortgage rates heading back above 7%? Here's what experts think. - World News","description":"Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/","og_locale":"en_US","og_type":"article","og_title":"Are mortgage rates heading back above 7%? Here's what experts think. - World News","og_description":"Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.","og_url":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/","og_site_name":"World News","article_published_time":"2026-09-04T20:42:53+00:00","og_image":[{"url":"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg","type":"","width":"","height":""},{"url":"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg","width":1920,"height":998,"type":"image\/jpeg"}],"author":"News","twitter_card":"summary_large_image","twitter_image":"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg","twitter_misc":{"Written by":"News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#article","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/"},"author":{"name":"News","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2"},"headline":"Are mortgage rates heading back above 7%? Here&#8217;s what experts think.","datePublished":"2026-09-04T20:42:53+00:00","dateModified":"2026-09-04T20:42:53+00:00","mainEntityOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/"},"wordCount":503,"publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage"},"thumbnailUrl":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","keywords":["Affordable Housing","Department of Housing and Urban Development","Mortgage Rates"],"articleSection":["Money Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/","url":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/","name":"Are mortgage rates heading back above 7%? Here's what experts think. - World News","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#website"},"primaryImageOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage"},"thumbnailUrl":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","datePublished":"2026-09-04T20:42:53+00:00","dateModified":"2026-09-04T20:42:53+00:00","description":"Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.","breadcrumb":{"@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#primaryimage","url":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","contentUrl":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/site.itshrt.com\/worldnews\/are-mortgage-rates-heading-back-above-7-heres-what-experts-think\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/site.itshrt.com\/worldnews\/"},{"@type":"ListItem","position":2,"name":"Are mortgage rates heading back above 7%? Here&#8217;s what experts think."}]},{"@type":"WebSite","@id":"https:\/\/site.itshrt.com\/worldnews\/#website","url":"https:\/\/site.itshrt.com\/worldnews\/","name":"World News","description":"World News","publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/site.itshrt.com\/worldnews\/#organization","name":"World News","url":"https:\/\/site.itshrt.com\/worldnews\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/","url":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","contentUrl":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","width":581,"height":581,"caption":"World News"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2","name":"News","url":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"}]}},"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=150&resize=150,150&ssl=1","medium":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=300&resize=300,300&ssl=1","medium_large":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=768&resize=768,0&ssl=1","large":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1024&resize=1024,1024&ssl=1","1536x1536":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1536&resize=1536,1536&ssl=1","2048x2048":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=2048&resize=2048,2048&ssl=1","colormag-highlighted-post":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=392&resize=392,272&ssl=1","colormag-featured-post-medium":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=390&resize=390,205&ssl=1","colormag-featured-post-small":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=130&resize=130,90&ssl=1","colormag-featured-image":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=800&resize=800,445&ssl=1","colormag-default-news":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=150&resize=150,150&ssl=1","colormag-featured-image-large":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1400&resize=1400,600&ssl=1","colormag-elementor-block-extra-large-thumbnail":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1155&resize=1155,480&ssl=1","colormag-elementor-grid-large-thumbnail":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=600&resize=600,417&ssl=1","colormag-elementor-grid-small-thumbnail":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=285&resize=285,450&ssl=1","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=575&resize=575,198&ssl=1"},"magazineBlocksPostAuthor":{"name":"News","avatar":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":false,"magazineBlocksPostExcerpt":"Mortgage rates have confounded house hunters this year by steadily ticking higher. That trend is likely to continue, according to","magazineBlocksPostCategories":["Money Watch"],"magazineBlocksPostViewCount":4,"magazineBlocksPostReadTime":3,"magazine_blocks_featured_image_url":{"full":["https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=1200&resize=1200,630&ssl=1",1200,630,false],"medium":["https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=300&resize=300,300&ssl=1",300,300,false],"thumbnail":["https:\/\/i1.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2026\/06\/16\/279e0fdb-1b16-4f31-a288-e280b539f926\/thumbnail\/1200x630\/fcaf2b61cf909292707f662423e98720\/cbsn-fusion-prospective-homeowners-delaying-purchases-amid-high-prices-high-mortgage-rates-thumbnail.jpg?w=150&resize=150,150&ssl=1",150,150,false]},"magazine_blocks_author":{"display_name":"News","author_link":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-37\">Money Watch<\/a>","_links":{"self":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/97581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/comments?post=97581"}],"version-history":[{"count":0,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/97581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media\/97582"}],"wp:attachment":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media?parent=97581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/categories?post=97581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/tags?post=97581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}