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PBS Newshour

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 NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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Extras
Watch • 2:52
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Powerful nor’easter batters parts of East Coast
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Clip: S2026 E198 | 2:52
Watch • 7:28
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WFP official on addressing hunger in face of wars, disasters
WFP official on addressing global hunger in face of wars and climate disasters
Clip: S2026 E198 | 7:28
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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
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Blanche shatters DOJ standard of political independence
How Blanche is shattering DOJ's standard of political independence
Clip: S2026 E198 | 5:27
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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
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Syrian dancer escaped ISIS and found freedom through ballet
Syrian dancer reflects on escaping ISIS and finding freedom through ballet
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