https://www.live-feeds.com/feed/americans-are-struggling-to-buy-homes-amid-rising-costsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/americans-are-struggling-to-buy-homes-amid-rising-costshttps://www.live-feeds.com/feed/americans-are-struggling-to-buy-homes-amid-rising-costs#u154382Sun, 25 Oct 2026 14:47:03 +0000American prospective homebuyers are facing intense financial strain as rising costs and high borrowing expenses severely depress the housing market. Pending home sales tumbled to a record or 25-year low, accompanied by a steep 7.3 percent drop as mortgage rates hit 7.6 percent. September marked the worst month on record for pending sales since tracking began, with prospective buyers fleeing the market. Concurrently, homebuilder sentiment fell to a 14-year low, and consumers are canceling active home sales contracts at near-record rates amid mounting affordability pressures.Why it mattersThe sh