US mortgage rates touch 7% amid Iran war, inflation; existing home sales fall 2%
- Posted on September 15, 2026
- By The Times of India
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- 1 min read
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US mortgage rates touch 7% amid Iran war, inflation; existing home sales fall 2%
The US housing market is facing fresh pressure as mortgage rates approach 7%, adding to affordability concerns for buyers already grappling with record-high home prices and an uncertain economic outlook.
