Blog Category - LoDo

Oct 13, 2026 • 3 min read

Why Mortgage Rates Jumped to 7.49%: The Bond Selloff Explained

Mortgage rates jumped to 7.49% in early October 2026, the highest 30-year rate in almost three years, after a global bond selloff, and mortgage applications fell 4.2% in a single week. If you are buying a home in Denver, Colorado Springs or anywhere in Colorado, here is how the bond market sets your mortgage rate, what each quarter point costs you, and how to lock a rate without guessing.Call or