https://www.live-feeds.com/feed/it-s-discouraging-increasingly-expensive-housing-market-stymies-would-be-buyersContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/it-s-discouraging-increasingly-expensive-housing-market-stymies-would-be-buyershttps://www.live-feeds.com/feed/it-s-discouraging-increasingly-expensive-housing-market-stymies-would-be-buyers#u78929Mon, 21 Sep 2026 17:36:32 +0000US mortgage rates are nearing 7%, creating new hurdles for home buyers and contributing to a stagnant housing market. Rates have climbed for four consecutive weeks, reaching their highest level since the Trump administration. High prices combined with these soaring rates are pushing homeownership further out of reach for many, leading to buyer retreats in markets like the Twin Cities. While some view the rate hikes as necessary medicine for the market, individual house hunters report feeling despondent and discouraged by the increasing costs.Why it mattersThe Federal Reserve has hiked key rate