High Mortgage Rates Weigh on Homebuyers in Mid-2025 New U.S. home sales ticked up marginally in June 2025, underscoring continued fragility in the housing market as high mortgage rates, affordability constraints, and macroeconomic uncertainty keep many would-be buyers on the sidelines. Sales of newly built single-family homes rose just 0.6% last month to a seasonally adjusted annual rate of 627,000 units,...