US mortgage rates have climbed for the fourth consecutive week, with the average 30-year fixed rate reaching 6.95%, the highest level since January 2025. Rising borrowing costs are limiting homebuyers' purchasing power and causing many to delay buying. This increase is driven by higher inflation expectations, surging oil prices, and the Federal Reserve's recent interest rate hike aimed at controlling inflation. The Fed's move signals potential further rate increases, which could keep mortgage rates elevated and continue to pressure the housing market, already struggling with high prices and low inventory.
Mortgage rates nearing 7% mark a peak not seen since January 2025, reflecting rising borrowing costs that affect homebuyers. For readers following the US real estate sector, here is Pluang's market snapshot as of Sep 17, 2026 22:22 WIB: out of 22 priced US real estate stocks, 20 rose and 2 fell. Notable movers include SPG (Simon Property Group Inc) at USD 205.14 with a 1-day change of +1.08%, IIPR (Innovative Industrial Properties Inc) at USD 56.50 with 100% sell order activity, and PSA (Public Storage) at USD 297.49 up +0.95%.
Flutter Entertainment, a leading online sports betting and iGaming operator, will release its third quarter 2026 update on November 4 before the US market opens. The company will host a conference call at 8:30 a.m. ET the same day to discuss the resu...
iPower Inc. declared a 1-for-12 reverse stock split effective October 26, 2026, combining every 12 shares into one to increase the stock price. This move aims to keep iPower's shares compliant with Nasdaq's minimum bid price requirements. Post-split,...
U.S. Global Investors has listed its actively managed U.S. Global Technology and Aerospace & Defense ETF (WAR) on Peru's Lima Stock Exchange, marking the first availability of this ETF outside the U.S. This move gives Peruvian investors access to a f...
Alignment Health Plan will launch a new Medicare Advantage plan in Pima County starting January 1, 2027, increasing access to affordable, coordinated healthcare for nearly 1.1 million Medicare beneficiaries across Maricopa, Pima, and Santa Cruz count...
The global Urban Air Mobility (UAM) market is projected to grow from $2.16 billion in 2026 to $16.27 billion by 2035, at a CAGR of 20.9%. This growth is fueled by rising urbanization, traffic congestion, and advances in electric vertical takeoff and ...
