Mortgage Rates Just Hit a 3-Year High
The Buzz is a summary of housing market news and data driving our decision-making at BlueBid.
Here's the Buzz for the week of October 8, 2026:
The average 30-year fixed-rate mortgage just hit a 3-year high, according to Freddie Mac.
Soaring borrowing costs have cut into demand - but not supply - says NBC News.
Fast Company observes a recent acceleration in housing inventory, as supply is up 5.6% from 9/30/25 to 9/30/26.
Zillow expects home sales to remain lower than last year through the fourth quarter.
Yahoo Finance breaks down the impact of treasury rates on mortgages and offers a 5-year forecast for 30-year fixed mortgage rates.
We continue to see robust pre-market activity on BlueBid, as there are currently more than 34,000 homes on the platform.
Have a great week.
Disclaimer: Views expressed here are my own and not the views of my coworkers or anyone else. I am not a financial advisor, investment advisor, or housing expert. I’m just a guy who cares deeply about saving the American Dream of homeownership.
