Will the 30-year Mortgage Rate hit __ in 2026?↓ 5.50%
Open$3Kas of
Odds now
The market prices a 3% chance that this market resolves YES, as of .
YES3¢
NO97¢
as of
What moved the odds?
6 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
The return of mortgage rates to 7% has sent shockwaves through the US housing market, pushing pending home sales to their lowest level in 12 years. Pending home sales plummeted 4% in September compared to the previous month, marking their largest drop in over three years and reaching their lowest point since 2014, excluding the early months of the COVID-19 pandemic in 2020, according to seasonally adjusted data from real estate brokerage Redfin. Meanwhile, the supply of homes for sale surged to its highest level since March 2020. The average 30-year fixed-rate mortgage climbed to 7.4% on October 8 from 6.66% in late August, according to Freddie Mac. #Arabic_Business
Mortgage rates hit 7.4 percent for first time since November 2023 Mortgage rates increased again this week, with the average 30-year rate hitting 7.4 percent for the first time since November 2023, Freddie Mac reported Thursday. The average 30-year mortgage rate rose 12 basis points from last week, when it was 7.28 percent, according to the government-sponsored company. This rate has risen for seven consecutive weeks…
US mortgage rates rise for seventh straight week to hit highest since 2023
U.S. MORTGAGE RATES HIT 7.4% AS HOME SELLERS CUT PRICES • • The average 30-year mortgage rate climbed to 7.4%, its highest since November 2023, further weakening housing demand. • • With buyers retreating, 21% of sellers reduced asking prices, a record share for this time of year in Redfin's data. • • Home prices are falling in several major markets, including Dallas (-5%), Austin (-3.4%) and Tampa (-1.9%) year-over-year. • • Sellers are increasingly offering closing-cost credits and mortgage-rate buydowns, shifting negotiating power toward buyers despite elevated borrowing costs.
NOReuters95%match97¢
U.S. 30-Yr Fixed Rate Mortgage Averages 7.40 PCT in Oct 8 Week, Highest Since Nov 16, 2023 Week, vs 7.28 PCT Prior Week-Freddie Mac
Freddie Mac data shows that the average 30-year mortgage rate reached 7.03% this week. This level has a significant psychological impact on buyers. This article summarizes five key points to understand regarding how the real estate market will change after interest rates rise above 7%.
Where does the news lean?
0YES13NO0neutraltrailing 24h
Average match confidence across the listed signals: 95%.
What would make this resolve YES?
This market will resolve to "Yes" if, for any week ending on or before December 31, 2026, the U.S. 30-year Fixed-Rate Mortgage (interest rate %) is equal to or above the listed rate, according to the Freddie Mac weekly Primary Mortgage Market Survey. Otherwise, this market will resolve to "No."
The resolution source for this market will be Freddie Mac — specifically, the 30-year Fixed Rate Mortgage rates published through the weekly Primary Mortgage Market Survey, which can be viewed at https://www.freddiemac.com/pmms.
This market will resolve as soon as the 30-year Fixed-Rate Mortgage is equal to or greater than the listed price, or once data for the final week ending on or before December 31, 2026 has been published. If no data for the final week ending on or before December 31, 2026 has been published by January 14, 2027, 11:59 PM, this market will resolve based on the available data at that time.
Note: All published weekly levels of the 30-year Fixed-Rate Mortgage will be treated as final. Revisions to previously published data will not be considered.
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