US housing expert delivers ‘terrible news’ for American homebuyers — Live Feedhttps://www.live-feeds.com/feed/us-housing-expert-delivers-terrible-news-for-american-homebuyersContinuously updated, source-cited coverage. Mortgage Rates Hit 7.28% as Experts Warn of Prolonged Housing Distresshttps://www.live-feeds.com/feed/us-housing-expert-delivers-terrible-news-for-american-homebuyershttps://www.live-feeds.com/feed/us-housing-expert-delivers-terrible-news-for-american-homebuyers#u107243Tue, 06 Oct 2026 19:00:19 +0000American homebuyers face severe affordability challenges as mortgage rates hit 7.28%, marking a nearly three-year high. Industry experts warn that this market pain will not end soon, leaving millions of potential buyers unable to enter the market due to soaring costs and high real estate prices. While some regional markets like Boise maintain strong interest despite these rates, overall demand is plummeting, leaving many home sellers stranded. The situation is compounded by rising unemployment and a shrinking supply of affordable housing options in states like Florida.Why it mattersThe current