Mortgage Rates Bounce Back to 7.20%: AI Sector Jitters, Inflation Concerns, and What Homebuyers Should Do Next

By the Financial News Desk Published: October 26, 2026 Main Facts Following a notable downward slide at the end of last week, benchmark mortgage rates reversed course and ticked upward. According to daily market data provided to NerdWallet by Zillow, the average interest rate on a standard 30-year, fixed-rate mortgage climbed to 7.20% APR. This…

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