Mortgage Rates Retreat From Peak Levels To Stabilize Housing Demand

By Logan Mohtashami · HousingWire · 2026-10-24

Mortgage Rates Retreat From Peak Levels To Stabilize Housing Demand

According to HousingWire, a recent shift in the bond market has pulled mortgage rates down from a high of 7.60% toward the 7.30% mark. This slight reduction was sufficient to halt a multi-week slide in homebuyer activity, resulting in a minor uptick in pending sales data. While t

According to HousingWire, a recent shift in the bond market has pulled mortgage rates down from a high of 7.60% toward the 7.30% mark. This slight reduction was sufficient to halt a multi-week slide in homebuyer activity, resulting in a minor uptick in pending sales data. While t