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The return of 7 percent mortgage rates during the Trump era has caused a significant decline in US home sales.

EconomicsInfrastructurePoliticsOct 13, 2026score 0.272 posts · 0 replies across 2 instances
The thread discusses how the return of 7 percent mortgage rates during the Trump era is negatively impacting the US housing market, with home sales dropping to near 12-year lows. This is significant as it highlights the economic effects of policy changes on the housing sector.

Claims

The return of 7 percent mortgage rates during the Trump era has caused a significant decline in US home sales.
Parent: Housing MarketEntity: Mortgage RatesImpact: negativeDate: Oct 13, 2026Target: The impact of mortgage rate changes on the housing market

Source posts

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Trump-era mortgage shock blasts home sales back to plague years https://www.alternet.org/trump-housing-market-hurting/ via Alternet.org
0 boosts · 0 favs · 0 replies · Oct 13, 2026
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Trump-era mortgage shock blasts home sales back to plague years It’s here, reports Bloomberg. “The return of 7 percent mortgage rates in the Trump era has hit the US housing market like a thunderbolt, sending pending sales tumbling to near 12-year lows. https://www.alternet.org/trump-housing-market-hurting/
0 boosts · 0 favs · 0 replies · Oct 13, 2026