Daily Market Updates: Mortgage rates slow their rise, housing affordability remains strained

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At close · Thu, Oct 8, 2026

Real Estate

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Mortgage rates slow their rise, housing affordability remains strained

Reported · Written up by our desk · Residential

Zillow Research says mortgage rates have started to slow their climb, but home buyers still face a difficult affordability environment.

With rates remaining high, the outlet expects the housing market to stay under pressure, and it projects home sales are likely to dip in 2027.

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Sources

Zillow ResearchMortgage Rates Slow Their Climb, but Buyers Still Face an Uphill Battle

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