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Here's the latest sticker shock: Borrowing for a mortgage -- or a car

Oct 7, 2026 · Stephan Bisaha

Originally published by NPR News Read the original

Here's the latest sticker shock: Borrowing for a mortgage -- or a car
Mortgage rates have hit their highest level in almost three years, making buying a home more challenging at a time when housing prices are already high.
Mortgage rates have hit their highest level in almost three years, making buying a home more challenging at a time when housing prices are already high.

It's not just mortgages being at their highest level in almost three years — but the cost of loans for cars and higher education are among the borrowing costs affected, too.

(Image credit: Nam Y. Huh)

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