Housing market: Mortgage rates rise for third straight week to highest level since June 2025 while home sales fall for third month in a row
The benchmark 30-year fixed rate mortgage rose to 6.76% from 6.71% last week. One year ago, the average rate was 6.35%.
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# Investing Summary Mortgage rates climbed to 6.76% for the 30-year fixed benchmark—the highest level since June 2025—marking the third consecutive weekly increase and signaling headwinds for housing-related equities including homebuilders and mortgage lenders. Concurrent with rising rates, home sales have declined for three consecutive months, a trend that could negatively impact real estate investment trusts (REITs), construction stocks, and companies dependent on housing sector growth.
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