Weekly Housing Headlines

The 30-year fixed-rate mortgage climbed to 7.28% in the week ending October 1; mortgage applications decreased 6.0% from one week earlier; the share of listings with price cuts reached 20.8%, up 0.9 percentage points year over year; national home price growth picked up for a fifth straight month through July, with the U.S. National Index rising 1.9% year over year; U.S. house prices rose 0.3% from the previous month in July; and for the first time in years, new construction homes in the United States offer better value per square foot than existing homes.

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Mortgage rates surge to their highest level in nearly three years
Mortgage Professional America - 10/2/2026
The 30-year fixed-rate mortgage climbed to 7.28% in the week ending October 1, its highest level in nearly three years, as surging Treasury yields and persistent inflation continued to squeeze American homebuyers.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 9/30/2026
Mortgage applications decreased 6.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 25, 2026.

Sellers Slash Prices at Historic Pace To Lure Buyers Sidelined by Mortgage Rates
Realtor.com - 9/30/2026
Nationally, the share of listings with price cuts reached 20.8%, up 0.9 percentage points year over year, exceeding 2025 levels for the first time in 2026, according to the latest Realtor.com monthly housing market trends report.

Home Price Growth Accelerates to 1.9% in July, but Real Values Still Fall
Realtor.com - 9/29/2026
The S&P Cotality Case-Shiller Home Price Index showed national home price growth picking up for a fifth straight month through July, with the U.S. National Index rising 1.9% year over year, up from a revised 1.6% gain in June.

FHFA House Price Index Up in July and From Last Year
MortgagePoint - 9/29/2026
According to the U.S. Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index, U.S. house prices rose 0.3% from the previous month in July.

New homes now cheaper than existing ones in major U.S. markets
Mortgage Professional America - 9/29/2026
For the first time in years, new construction homes in the United States offer better value per square foot than existing homes. That's a reversal that brokers in high-supply Sun Belt markets should be bringing to cost-sensitive clients right now.

Foreclosure inventory growth hits nine-month low, ICE data shows
Mortgage Professional America - 9/28/2026
Foreclosure inventory growth slowed while seriously delinquent loans snapped a five-month run of declines, according to the ICE First Look at Mortgage Performance.

Weekly Housing Trends: U.S. Market Update (Week Ending September 26, 2026)
Realtor.com - 10/2/2026
Year-over-year data from Realtor.com shows that active inventory climbed 6.3%, homes are spending two fewer days on the market, new listings increased 0.9% and the median listing price fell 1.4%.

Why U.S. Homebuyers Are Facing 7% Mortgage Rates Again
Financial Advisor - 9/28/2026
Mortgage rates are surging in part because of a selloff in the U.S. Treasury market over fears that a prolonged war with Iran will accelerate inflation and keep the Federal Reserve’s benchmark interest rate high.

Housing Week Ahead: September Housing Data, Home Prices, Jobs Report
Realtor.com - 9/28/2026
The coming week brings a major monthly release from the Realtor.com economics team as well as key economic indicators.