Soaring mortgage rates and high prices are putting homeownership further out of reach — Live Feedhttps://www.live-feeds.com/feed/soaring-mortgage-rates-and-high-prices-are-putting-homeownership-further-out-of-reachContinuously updated, source-cited coverage. US Mortgage Rates Approach 7 Percent as Housing Market Stagnateshttps://www.live-feeds.com/feed/soaring-mortgage-rates-and-high-prices-are-putting-homeownership-further-out-of-reachhttps://www.live-feeds.com/feed/soaring-mortgage-rates-and-high-prices-are-putting-homeownership-further-out-of-reach#u76695Sat, 19 Sep 2026 20:55:30 +0000Mortgage rates are nearing 7 percent, creating new hurdles for US home buyers already struggling with high property prices. This climb represents the highest rate level since January 2025 and the highest since Donald Trump first took office. While some rates recently returned to weekly lows, the overall trend of soaring rates combined with high prices continues to move homeownership further out of reach for many prospective buyers.Why it mattersHigh borrowing costs typically reduce buyer demand and slow home sales. When combined with elevated home prices, these rates limit the number of people