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Mortgage Rates

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US Home Sales Decline for Third Consecutive Month Amid Rising Rates and Record Prices

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US Home Sales Decline for Third Consecutive Month Amid Rising Rates and Record Prices

worth trackingUpdated 13h ago

Key takeaway: Existing US home sales declined for the third straight month in August 2026, driven by rising mortgage rates and record-high home prices, despite an increase in available inventory.

Federal Reserve Rate Hikes and Their Impact on the Mortgage Market

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Federal Reserve Rate Hikes and Their Impact on the Mortgage Market

worth trackingUpdated 13h ago

Key takeaway: Understanding the relationship between Fed rate hikes and mortgage rates is crucial for navigating the changing housing market landscape.

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