Why Mortgage Rates Shot Toward 7% Before the Fed Raised Rates

Mortgage interest rates moved significantly higher this week as markets anticipated today's Fed rate hike.

# Why Mortgage Rates Shot Toward 7% Before the Fed Raised Rates Mortgage interest rates moved significantly higher this week as markets anticipated today's Fed rate hike. **Read the full article:** [NerdWallet](https://www.nerdwallet.com/mortgages/news/rates-high-fed-raises-9-16-26) *This article was originally published by NerdWallet. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*