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PBS News Hour

High mortgage rates compound housing affordability problems

Season 2026 Episode 198 | 6m 31s

The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
Extras
Watch • 57:46
PBS News Hour
September 28, 2026 - PBS News Hour full episode
September 28, 2026 - PBS News Hour full episode
Episode: S2026 E198 | 57:46
Watch • 8:09
PBS News Hour
Jessica Tarlov on her new book, 'I Disagree'
Jessica Tarlov on navigating political differences and her new book, 'I Disagree'
Clip: S2026 E198 | 8:09
Watch • 5:27
PBS News Hour
Blanche shatters DOJ standard of political independence
How Blanche is shattering DOJ's standard of political independence
Clip: S2026 E198 | 5:27
Watch • 10:14
PBS News Hour
Tamara Keith and Amy Walter on TV ads promoting Trump
Tamara Keith and Amy Walter on taxpayer funds used for TV ads promoting Trump
Clip: S2026 E198 | 10:14
Watch • 6:13
PBS News Hour
Mexico's foreign secretary on Trump and U.S. trade talks
Mexico's foreign secretary on Trump, cartel violence and U.S. trade talks
Clip: S2026 E197 | 6:13
Watch • 6:34
PBS News Hour
Health care costs a concern for voters ahead of midterms
Health care costs a major concern for voters ahead of midterms
Clip: S2026 E197 | 6:34
Watch • 5:37
PBS News Hour
Syrian dancer escaped ISIS and found freedom through ballet
Syrian dancer reflects on escaping ISIS and finding freedom through ballet
Clip: S2026 E197 | 5:37
Watch • 10:00
PBS News Hour
Brooks and Capehart on Trump's warm welcome for China's Xi
Brooks and Capehart on Trump's warm welcome for China's Xi Jinping
Clip: S2026 E197 | 10:00
Watch • 6:30
PBS News Hour
News Wrap: Xi wraps up 3-day state visit with Trump
News Wrap: Xi wraps up 3-day state visit with Trump
Clip: S2026 E197 | 6:30
Watch • 6:06
PBS News Hour
Wrongfully detained journalist still jailed in Iran
Wrongfully detained Iranian American journalist remains jailed in Iran after 2 years
Clip: S2026 E197 | 6:06