Zillow reports crucial housing market shift for buyers - thestreet.com — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Zillow reports a crucial housing market shift for buyers, framing the moment as a turning point in its coverage carried by TheStreet.
- Mortgage rates crossed 7%, with the average rate on a 30-year home loan reaching its highest level in over 14 months as of Thursday, September 10, 2026, per AP News and Yahoo Finance.
Why it matters: A 30-year mortgage above 7% — the highest in 14 months — directly raises monthly payments on new home loans, squeezing buyers who were already priced out. Zillow labeling this a 'shift' rather than a minor fluctuation signals the data firm sees the demand picture changing, not just rates moving.
Ask SkimNews
