10/16/2026
If you’ve been watching the U.S. housing market, there’s a tug-of-war underway: more homes to choose from, but higher mortgage rates making monthly payments harder to manage.
Higher mortgage rates are slowing the U.S. housing market just as fall typically creates more room for negotiation. Real Estate News reports that Freddie Mac’s weekly 30-year mortgage average reached 7.28%, while mortgage applications and pending sales declined. Inventory is growing partly because...