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U.S. homebuying costs hit 14-month high as mortgage rates and prices rise, slowing market activity.

Market News
10 Sep 2026
PRNewsWire
View Source
Neutral
U.S. homebuying costs hit 14-month high as mortgage rates and prices rise, slowing market activity.

The typical U.S. homebuyer's monthly mortgage payment reached $2,641, the highest in 14 months, driven by a 2.2% rise in median home prices and a 6.71% average mortgage rate. High costs and economic uncertainty are keeping buyers cautious, with pending sales nearly flat and homes taking longer to sell. Sellers are increasingly dropping prices, with 21% reducing their listing price, highlighting the need for realistic pricing. Despite this, some well-priced homes in competitive markets like San Francisco and New York suburbs still attract bidding wars.

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Oracle options show bullish bets ahead of earnings, implying an 11% stock move post-report.

Oracle options show bullish bets ahead of earnings, implying an 11% stock move post-report.

Ahead of Oracle's earnings report, options traders are favoring call options over puts, indicating bullish sentiment and expecting an 11% stock price move. This expectation is influenced by Oracle's history of sharp post-earnings moves, including a n...

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VolitionRx unveils Capture-Seq™ tech for early-stage cancer detection with 95% accuracy at ESMO MAP 2026.

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Cryptocurrency prices mostly fall, with Bitcoin down 2% and Ethereum down 1.66%.

Cryptocurrency prices mostly fall, with Bitcoin down 2% and Ethereum down 1.66%.

Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...

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Alphabet's stock dip amid strong growth signals a buying opportunity for investors.

Alphabet's stock dip amid strong growth signals a buying opportunity for investors.

Alphabet's shares fell 7.46% over the past month, underperforming the Nasdaq despite strong fundamentals like 24.23% revenue growth and robust AI investments. The company leads in search, video, cloud, and AI, with Google Cloud revenue up 82% year-ov...

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XStable expands to Sui network for on-chain gold and FX trading with instant settlement.

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