Macro Finance
Soaring mortgage rates and high prices are putting homeownership further out of reach
NBC Business·September 18, 2026·1 min read
The average 30-year fixed mortgage rate soared to 7.2%, pushing homeownership further out of reach for millions. Combined with near-record home prices, the high rates have significantly reduced affordability and dampened the housing market, making it harder for prospective buyers to qualify for loans.
Read at NBC BusinessDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.