10.07.26 Interest Rates: Both Sides Of The Coin

Interest rates are up, and Clark addresses how to maximize savings, and what mortgage rates mean for the housing market. The giant monster mega banks are paying an insulting 0.01% on savings accounts, essentially a zero return. What rate should you be looking for elsewhere?
Meanwhile, the housing market shifts yet again as 30-year mortgage rates hit 7%, crushed by geopolitical instability and inflation. However, there’s a clear silver lining for potential buyers: high rates have stalled the market, forcing sellers into price cut capitulation. If you can afford the monthly payment, buying at a significantly lower purchase price now and refinancing down the road when rates drop is an enormous long-term advantage.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the October 7, 2026, episode of The Clark Howard Show. Submit your questions: Ask Clark.
Save More - Shop Bank Rates: Segment 1
Ask Clark: Segment 2
Mortgage Rates & Housing Capitulation: Segment 3
Ask Clark: Segment 4
Mentioned on the show:
5 Places You Can Get 4.5% or More on Your Savings Right Now
16 of the Best High-Yield Online Savings Accounts in October 2026
High-Yield Savings Account (HYSA) Calculator
How To Open a Roth IRA
5 Free Streaming Services All Cord Cutters Should Have
6 Things to Know Before You Rely on Free Streaming TV
High Mortgage Rates Are Pushing Home Prices Down: Here’s the Silver Lining for Buyers
Mortgage Refinance Calculator – With Cash Out and Points
Credit Score Guide - Clark Howard
Capital One Venture X Rewards Credit Card: 6 Things To Know
Clark.com resources:
Episode transcripts
Community.Clark.com / Ask Clark
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Consumer Action Center Free Helpline: 636-492-5275
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