October 7, 2026

Line chart image showing Housing Market Hotness Index Sep 27, 2026

Mortgage Rates Are Above 7%, But Some Markets Are Still Hot

The U.S. Housing Market Hotness Index fell to 90.11 for the week ending September 27, 2026, as mortgage rates above 7% put renewed pressure on affordability and housing demand. Beneath the national slowdown, however, significant regional differences remain, with many Northeast and Midwest markets outperforming cooler markets across Texas and the Sun Belt.

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