The US pending home sales index fell 7.3% to 66.0 points in September 2026, its lowest since tracking began in 2001 and far below the 0.5% decline economists polled by Reuters had expected. Housing starts dropped 5.2% to 1.221 million units annualized, the lowest since the pandemic, and single-family permits fell 4.0% to 845,000 units, the lowest since March 2023. The average 30-year fixed mortgage rate reached 7.53% per Bankrate, the highest since November 2023, as the Fed raised rates by 25 basis points on September 16 to 3.75%-4.00%. Redfin reported that 14.5% of September home purchase contracts were later canceled, and 43% of builders cut prices in October. The NAHB/Wells Fargo housing market index fell 3 points to 29, its lowest since June 2012, and the MBA expects 30-year mortgage rates to likely stay above 7% through 2027.
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Original headline: Lãi vay mua nhà lên đỉnh 3 năm, thị trường nhà ở Mỹ bắt đầu “đóng băng”
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mortgageshousinginterest ratesFed
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/27/2026 | 102.37 |
| Change that session | +0.35% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 769.72 |
| Change that session | +0.57% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/27/2026 | 4,060.32 |
| Change that session | +1.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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The average 30-year fixed mortgage rate fell seven basis points to 7.34% APR in the week ending Oct. 15, breaking a seven-week streak of increases, according to rates provided to NerdWallet by Zillow. Fannie Mae, however, has sharply raised its forecast, now expecting rates to average 7.4% in the fourth quarter of 2026 and climb to 7.5% in early 2027, up from 6.8% and 6.7% last month. Inflation rose 3.7% year over year in September, driven by a 9.1% jump in gasoline prices, prompting traders to raise odds of a Fed hike at its Oct. 27-28 meeting. For a $400,000 loan, a 7.5% rate would mean about $2,797 a month, versus $2,581 at 6.7%, excluding insurance and taxes.
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