Money Mortgage rates top 7%. Is a fixed or an adjustable rate the best bet right now? October 20, 2022October 27, 2022Terry Collins, USA TODAYComments Off on Mortgage rates top 7%. Is a fixed or an adjustable rate the best bet right now? As mortgage interest rates in the U.S. have doubled in the past nine months, some home buyers might be on the fence about whether to buy or wait.