Mortgage rates hit their highest level in a year, driven by war and inflation concerns

The 30-year fixed-rate mortgage reached 6.66% on average Thursday.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/4628x3085+0+0/resize/4628x3085!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F5e%2F79%2Fe893c284419f9955b015948f8372%2Fgettyimages-2235439355.jpg' alt='A 'for sale' sign is seen on a house in Monterey Park, California, on September 17, 2025.'/><p>The 30-year fixed-rate mortgage reached 6.66% on average Thursday.</p><p>(Image credit: FREDERIC J. BROWN)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5913851' />