Home Buying Power In September 2026: Rates Are Outrunning Prices
Freddie Mac’s survey put the 30-year fixed at 7.03% for the week of September 24, up from 6.30% a year earlier. Prices barely moved over the same stretch.
Dated market commentary from Lendmire’s founder and CEO.
Freddie Mac’s survey put the 30-year fixed at 7.03% for the week of September 24, up from 6.30% a year earlier. Prices barely moved over the same stretch.
NAR’s August report showed supply at its highest level in over ten years.
The National Association of Realtors reported on September 10 that August existing-home sales fell 2.0% from July.
Mortgage rates have climbed four weeks running, which makes lower utility bills and builder credits count for more.
At the same time, builders are cutting prices and stacking incentives, and resale inventory is at a ten-year high.
If you are about to close, the payment you planned around may be moving unless your rate is locked.
Housing Market This September — As of September 28, 2026, borrowing costs are climbing while the choice of homes is widening.
Freddie Mac’s survey put the 30-year fixed average at 7.03% for the week of September 24, its fourth straight weekly increase.
Freddie Mac’s survey rose for the third straight release on September 24, and the Fed raised its target range on September 16.
Build your budget on a higher payment than you would have planned in August, and keep a cushion for anything that floats.
NAR’s August report shows supply at 4.9 months, the highest in over ten years.
ICE’s August report put mortgage-holder equity at a record $18 trillion. NAR’s August report showed sales down and supply up.
A fixed loan you can afford in every scenario is the safer default.
Freddie Mac’s survey put the 30-year fixed at 7.03% for the week of September 24. The old summer checklist ends with paperwork and school districts.
Home Inspection Process In September 2026 — Buyers have more room to negotiate after an inspection than they have had in years.