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Average rate on a 30-year mortgage climbs to highest level in 13 months
Summary by The San Antonio Editorial Desk Alex Veiga, Associated Press , as published by KSAT 12 (ABC affiliate)
· September 3, 2026
· 1 min read
Photo: KSAT 12 (ABC affiliate) · view original
Story provenance No corrections
Summary created by The San Antonio Editorial Desk — automated, rule-governed Byline on source page Alex Veiga, Associated Press, as published by KSAT 12 (ABC affiliate) Original story Read at the source Source published Sep 3, 2026 Indexed here Sep 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points A comparison with last week's rates shows an increase in the benchmark 30-year fixed rate mortgage. Borrowing costs for 15-year fixed-rate mortgages also rose.
Mortgage rates have increased again, affecting the cost of borrowing for homebuyers. The average rate for a long-term home loan is now at its highest point in over a year. Borrowing costs for 15-year fixed-rate mortgages also rose.
A comparison with last week's rates shows an increase in the benchmark 30-year fixed rate mortgage. This rise in rates can impact homebuyers' purchasing power.
Further details on the current mortgage rates and their impact on home sales are available from the source, including historical rate comparisons and the effects of higher rates on borrowers.
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Why this story is here
KSAT 12 (ABC affiliate) reported and published this story. The San Antonio selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
About this story
As published by KSAT 12 (ABC affiliate) . The San Antonio selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact the editor .
Category: News Published: September 3, 2026 Source: KSAT 12 (ABC affiliate) Reading time: 1 min
Frequently asked about this story
What is this story about? Mortgage rates have increased again, affecting the cost of borrowing for homebuyers. The average rate for a long-term home loan is now at its highest point in over a year. Borrowing costs for 15-year…
When was this published? This article was first published on September 3, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Alex Veiga, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The San Antonio, or browse our daily briefing and topic hubs .
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