Business

Housing Market Struggles Amid High Mortgage Rates

Updated 2026-08-07 13:10 UTC 1 source Negative

Home sellers in many of the largest U.S. cities are accepting offers below asking prices due to higher mortgage rates squeezing buyers' budgets.

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CNBC

Home sellers in many of the largest U.S. cities are accepting offers below asking as higher mortgage rates squeeze buyers' budgets.

2026-08-07 13:00 UTC