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COLLINS: Given inflation, mortgage rates, and gas prices are all higher than when you took office, why does this administration's deserve an A+ on the economy like President Trump says? JD VANCE: You have to remember that we inherited the worst inflation

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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 gov...

The Hill BusinessOct 8, 2026

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