Mortgage Rates Rise Again, Squeezing St. Louis Buyers

Mortgage Rates Rise Again, Squeezing St. Louis Buyers

ST. LOUIS, MO – September 15, 2026 (STL.News) Mortgage rates are climbing again, pushing homeownership costs higher as consumers contend with elevated insurance premiums, persistent inflation and increasingly expensive borrowing across the U.S. economy. The average rate on a conventional 30-year fixed mortgage was about 7.04% Tuesday, according to Mortgage Research Center data reported by Fortune, up from about 6.79% a week earlier. Missouri borrowers are seeing a similar increase. Mortgage-rate data compiled by NerdWallet and sourced from Zillow showed Missouri’s average 30-year fixed mortgage interest rate at approximately 7.04% Tuesday, with a 7.05% annual percentage rate, up

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