US existing home sales drop to 14-month low in August
WASHINGTON, Sept 10(Reuters) - U.S. existing home sales dropped to a 14-month low in August as rising mortgage rates continued to suppress demand. Home sales fell 2.0% last month to a seasonally ...
Housing starts drop sharply as high mortgage rates weigh on home sales
High mortgage rates, persistent affordability constraints and elevated input costs continue to plague the housing market.
[2026/09/25] Initial jobless claims rise to 213,000, existing home sales hit 3-year low / US Economic News
The initial jobless claims and existing home sales data released on the 24th both fell below market expectations, temporarily putting a stop to the speculation of additional rate hikes that had been ...
US Mortgage Rates Finally Break 7%. Five Changes Occurring in the US Housing Market in an Era Where 'High Interest Rates Are the New Normal'
The 30-year fixed mortgage rate in the United States hit 7.03% during the week of September 24, 2026. This is the first time ...