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U.S. Pending Home Sales Edge Higher in August

Higher Mortgage Rates Keep Housing Market Sluggish Contracts to buy previously owned homes edged higher in August, offering a modest sign of resilience in the U.S. housing market even as elevated mortgage rates continued to weigh on demand. The National Association of Realtors' Pending Home Sales Index rose 0.3% in August from July to 71.2, but remained 4.7% below August 2025, according to data released...

Fed Raises Rates as Iran War Continues to Fuel Price Inflation

Further Hobbling the U.S. Housing Market in 2026 The Federal Reserve's decision to raise interest rates for the first time in three years is adding fresh pressure to the U.S. housing market, increasing the cost of borrowing for consumers while adding to already severe affordability challenges. Higher Fed rates can push up borrowing costs for products such as home-equity lines of credit and other...

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