https://www.live-feeds.com/feed/us-housing-costs-rise-further-out-of-reach-ahead-of-midtermsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-housing-costs-rise-further-out-of-reach-ahead-of-midtermshttps://www.live-feeds.com/feed/us-housing-costs-rise-further-out-of-reach-ahead-of-midterms#u81482Wed, 23 Sep 2026 15:57:37 +0000Mortgage rates are nearing 7% after climbing for four consecutive weeks, reaching their highest level since the Trump administration. High prices and soaring rates are making homeownership less accessible for buyers, with some in the Twin Cities already retreating from the market. This trend follows a key rate hike by the Federal Reserve. While some homebuyers are seeking methods to reduce monthly payments, others express despondency as housing costs rise alongside general inflation in the weeks preceding the midterm elections.Why it mattersThe Federal Reserve's decision to hike key rates