Business Pending home sales sink to 25-year low as buyers flee high mortgage rates By October 20, 2026 1 Min Read 0 🕑 1 min readContract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing over 7%. Source: MarketWatch.com – Top Stories — Read the original story Share:FacebookXWhatsAppRelated Stories General Motors beats Wall Street's Q3 earnings expectations, narrows full-year guidanceSalesforce’s stock falls as investors chafe at the cost of latest AI purchaseElon Musk promised a SpaceX share to every kid in America — don’t hold your breathRelated Posts:How rising mortgage rates are hitting the housing…This couple took out an adjustable-rate mortgage…Mortgage rates reach 3-year highs, pushing down…Meet the home buyers totally unfazed by 7% mortgage ratesMortgage rates top 7% for the first time since May 2024Brazil says Amazon deforestation fell to the lowest…
