Skip to the content
Sharespective Wall Street, before morning tea
Daily newsletter
Fri 2 Oct 2026
Chart of the dayWednesday 23 September

The US 30-year mortgage rate reached 6.95% last week, a 19-month high. KB Home's deliveries fell 19%

You're in. Check your inbox to confirm.

That address didn't go through. Check it and try again.

A chart like this most mornings, with last night’s Wall Street · Free, six mornings a week

The story behind it

KB Home sold a fifth fewer houses and said the market has got worse since June From The Maintenance Dose · Wednesday 23 September Read the edition →

On the calendar

The US releases that move markets, in New Zealand and Australian time. Economic calendar →
Chart: The US 30-year mortgage rate reached 6.95% last week, a 19-month high. KB Home's deliveries fell 19%. Freddie Mac's weekly average rate on a 30-year fixed US mortgage, January 2025 to 17 September 2026, via FRED. KB Home's fall in deliveries is in the story.
Full-size image

The story behind it

KB Home sold a fifth fewer houses and said the market has got worse since June From The Maintenance Dose · Wednesday 23 September Read the edition →

On the calendar

The US releases that move markets, in New Zealand and Australian time. Economic calendar →

What the chart shows

KB Home's results on Tuesday night put a number on what a 6.95% mortgage does to a builder. Deliveries fell 19% to 2,732 homes in the quarter, revenue fell 20% to US$1.30 billion, and executive chairman Jeffrey Mezger said the market has weakened since June.

The chart traces Freddie Mac's weekly average 30-year fixed rate from January last year, when it was 7.04%, through 5.98% in late February, to last week's 6.95%. That reading came in the same week the Federal Reserve raised rates for the first time since 2023.

The builders' own survey agrees with KB Home: 38% are cutting prices and 66% are offering incentives. The company's backlog still grew 2% to 4,398 homes, its first increase in four years.

The numbers

Freddie Mac's weekly average rate on a 30-year fixed US mortgage, January 2025 to 17 September 2026, via FRED. KB Home's fall in deliveries is in the story.

US 30-year fixed mortgage rate, weekly (%)
2 Jan 20256.91%
9 Jan 20256.93%
16 Jan 20257.04%
23 Jan 20256.96%
30 Jan 20256.95%
6 Feb 20256.89%
13 Feb 20256.87%
20 Feb 20256.85%
27 Feb 20256.76%
6 Mar 20256.63%
13 Mar 20256.65%
20 Mar 20256.67%
27 Mar 20256.65%
3 Apr 20256.64%
10 Apr 20256.62%
17 Apr 20256.83%
24 Apr 20256.81%
1 May 20256.76%
8 May 20256.76%
15 May 20256.81%
22 May 20256.86%
29 May 20256.89%
5 Jun 20256.85%
12 Jun 20256.84%
18 Jun 20256.81%
26 Jun 20256.77%
3 Jul 20256.67%
10 Jul 20256.72%
17 Jul 20256.75%
24 Jul 20256.74%
31 Jul 20256.72%
7 Aug 20256.63%
14 Aug 20256.58%
21 Aug 20256.58%
28 Aug 20256.56%
4 Sep 20256.50%
11 Sep 20256.35%
18 Sep 20256.26%
25 Sep 20256.30%
2 Oct 20256.34%
9 Oct 20256.30%
16 Oct 20256.27%
23 Oct 20256.19%
30 Oct 20256.17%
6 Nov 20256.22%
13 Nov 20256.24%
20 Nov 20256.26%
26 Nov 20256.23%
4 Dec 20256.19%
11 Dec 20256.22%
18 Dec 20256.21%
24 Dec 20256.18%
31 Dec 20256.15%
8 Jan 20266.16%
15 Jan 20266.06%
22 Jan 20266.09%
29 Jan 20266.10%
5 Feb 20266.11%
12 Feb 20266.09%
19 Feb 20266.01%
26 Feb 20265.98%
5 Mar 20266.00%
12 Mar 20266.11%
19 Mar 20266.22%
26 Mar 20266.38%
2 Apr 20266.46%
9 Apr 20266.37%
16 Apr 20266.30%
23 Apr 20266.23%
30 Apr 20266.30%
7 May 20266.37%
14 May 20266.36%
21 May 20266.51%
28 May 20266.53%
4 Jun 20266.48%
11 Jun 20266.52%
18 Jun 20266.47%
25 Jun 20266.49%
2 Jul 20266.43%
9 Jul 20266.49%
16 Jul 20266.55%
23 Jul 20266.58%
30 Jul 20266.66%
6 Aug 20266.69%
13 Aug 20266.67%
20 Aug 20266.65%
27 Aug 20266.66%
3 Sep 20266.71%
10 Sep 20266.76%
17 Sep 20266.95%

90 rows: scroll the table for the rest.

How we make these charts: one chart a day from a story in the edition, drawn from the figures the story names and checked against the sources named on the chart before it is published. General information only, not financial advice.

More charts

Every chart →
Chart: Australia added 392,700 people in the year to March 2026. Victoria accounted for 109,500 of them. Population added in the year to 31 March 2026, by state, as the ABS counts it. The ACT added 6,200 and the Northern Territory 4,000, and neither is drawn. Tue 22 SepAustralia Australia added 392,700 people in the year to March 2026. Victoria accounted for 109,500 of them Chart: Xi arrives with US imports from China at US$27.1bn a month, down from US$50.4bn in August 2022. US goods imports from China each month, January 2022 to July 2026, in US$bn, via FRED. The tariff truce on the table when Xi meets Trump on Thursday runs out in November. Mon 21 SepTrade Xi arrives with US imports from China at US$27.1bn a month, down from US$50.4bn in August 2022 Chart: West Texas crude fell for a third day to US$100.04. On 6 July it was US$69.60. WTI crude in US$ a barrel. FRED's daily spot series from 1 June to 15 September 2026, then Friday's settlement of US$100.04 via Sharespective. Sat 19 SepEnergy West Texas crude fell for a third day to US$100.04. On 6 July it was US$69.60
Still reading? Then tomorrow's edition is probably for you.

Free, six mornings a week, Monday to Saturday

You're in. Check your inbox to confirm.

That address didn't go through. Check it and try again.