Mortgage costs hit housing demand
1d
Higher mortgage costs weighed on housing demand in the United States, Britain, Germany and Australia, with prices falling in some markets and affordability remaining strained.
From the FT: "US mortgage rates jumped the most in four years as an accelerating sell-off in the government bond market deals a fresh blow to the housing market just weeks ahead of midterm elections.
The 30-year fixed-rate mortgage averaged 7.28 per cent as of October 1...."
#economy #markets
The 30-year fixed-rate mortgage averaged 7.28 per cent as of October 1...."
#economy #markets
October 1, 2026 at 10:08 PM
Average US 30-Year Fixed Rate Mortgage last week at 7.28%, up 0.25 p.p. from prior week. 5/1 ARM at 6.1% #mortgage #househunters #econsky
October 1, 2026 at 8:55 PM
Average US 30-Year Fixed Rate Mortgage last week at 7.28%, up 0.25 p.p. from prior week. 5/1 ARM at 6.1% #mortgage #househunters #econsky
You can’t afford to buy food or gas because of Trump and his acolytes like Darline Graham, but on the bright side you can’t afford to buy a house because of them either. South Carolina desperately needs @drannieandrews.com.
As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs (Gift Article)
The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
www.nytimes.com
October 1, 2026 at 5:15 PM
You can’t afford to buy food or gas because of Trump and his acolytes like Darline Graham, but on the bright side you can’t afford to buy a house because of them either. South Carolina desperately needs @drannieandrews.com.
As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs www.nytimes.com/2026/10/01/b...
As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs
The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
www.nytimes.com
October 1, 2026 at 6:16 PM
As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs www.nytimes.com/2026/10/01/b...
In the UK people struggled to buy houses in the 1970s. And I’m not comparing to the 2020s.
October 1, 2026 at 2:41 PM
In the UK people struggled to buy houses in the 1970s. And I’m not comparing to the 2020s.
Reposted by Evan Roberts
We need more of every kind of housing faster. I think we can get there, eventually, if we're willing to do the hard work. The first step is reminding people that we are still in a housing crisis, even if my rent just went down 7.5 percent (from a comedically high base).
October 1, 2026 at 5:59 PM
We need more of every kind of housing faster. I think we can get there, eventually, if we're willing to do the hard work. The first step is reminding people that we are still in a housing crisis, even if my rent just went down 7.5 percent (from a comedically high base).
One example, People couldn’t buy houses bc salaries were low and houses were comparatively expensive.
October 1, 2026 at 2:32 PM
One example, People couldn’t buy houses bc salaries were low and houses were comparatively expensive.