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Iran War Inflation Keeps U.S. Mortgage Rates Near 3-Year High in October

Rising energy costs and persistent inflation add pressure to housing affordability as borrowing costs climb from year-ago levels. U.S. mortgage rates remained elevated this week, with the average 30-year fixed-rate mortgage holding at 7.40%, as inflationary pressures associated with the Iran war complicate the outlook for borrowing costs and prolong the housing market's affordability crisis. The average...

U.S. Home Sellers Dwarf Buyers by a Record 63 Percent in September

Miami has country's widest gap with 159 percent more sellers than buyers The U.S. housing market is increasingly tilted in favor of buyers, with the number of home sellers outnumbering prospective buyers by 62.6% in September 2026, the widest gap in records dating to 2013, according to a new report from Redfin. The imbalance, which widened from 56.9% in August, marks the fourth consecutive month the gap...

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