https://www.live-feeds.com/feed/zillow-predicts-major-mortgage-rate-housing-market-changeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/zillow-predicts-major-mortgage-rate-housing-market-changehttps://www.live-feeds.com/feed/zillow-predicts-major-mortgage-rate-housing-market-change#u43026Fri, 14 Aug 2026 12:00:31 +0000Existing home sales in the US dropped 1.7% in July, according to the National Association of Realtors. This decline is attributed to rising mortgage rates and high home prices, which have discouraged potential buyers. The decrease in sales is consistent with a trend of falling home sales in recent months.Why it mattersThe housing market has been experiencing a slowdown due to increasing mortgage rates and high home prices. This trend is significant as it affects the overall economy and the decisions of potential homebuyers. The National Association of Realtors' report provides insight int