Here’s Why Interest Rates are Going to Hit 7%

Orange County Register, August 28, 2026-Jeff Lazerson

Where are mortgage rates headed?

That is the most frequently asked question being thrown my way of late. In this column I’ve got some answers.

Mortgage rates are going to stay high for the foreseeable future. Don’t be surprised if the average Freddie Mac 30-year fixed rate mortgage hits 7% by year’s end.

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