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Mortgage rates break past 7% as bond yields surge, deepening U.S. housing gridlock

NPR | By Scott Horsley,

Scott Simon

Published September 26, 2026 at 6:37 AM CDT

Bond yields rose this week pushing mortgage rates above 7 percent. That's another big challenge for the already limping US housing market.

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weekend edition saturday

Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent.

See stories by Scott Horsley

Scott Simon

Scott Simon is the host of Weekend Edition Saturday and is one of the hosts of NPR's morning news podcast Up First.

See stories by Scott Simon

OPINION: Trump's U.N. speech, a stark contrast with past presidents

Scott Simon

President Donald Trump mused openly before the United Nations about whether he should annihilate Iran. It's a stark contrast to how his predecessors have spoken about wielding US military power.
Press pool dispute escalates as White House cuts CNN from Air Force One travel

Scott Simon, David Folkenflik

The White House has barred CNN from traveling on Air Force One this weekend. It's another chapter in President Trump's fight with the press, and it appears there will be no TV pool coverage today.
Supreme Court rejects GOP-backed Missouri map, preserving key seat for Democrats

Jason Rosenbaum, Scott Simon

The U.S. Supreme Court rejected a Republican attempt at redistricting congressional seats in Missouri - possibly giving Democrats a boost in their effort to win the House in the midterm elections.
Nor'easter pounds Mid-Atlantic, New England coastlines; Hurricane Nolo targets Hawaii

Ava Berger, Scott Simon

A Nor'easter is making it's away along the East coast this weekend while out in the Pacific Ocean, Nolo is expected to dump rain on Hawaii.
Immigration briefing: ICE eyes mobile detention as Texas agent shooting sparks outcry

Jasmine Garsd, Scott Simon

ICE is looking at "mobile detention facilities" for immigrant detainees as it quietly expands its detention system. Also, the latest on the ICE shooting of a Venezuelan man in Texas.