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Not financial advice. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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U.S. housing demand falls sharply as mortgage applications drop 60%

21:01, 18 Oct 2026

Mortgage purchase applications are down about 60% from the pandemic peak, with demand near 1995 levels, per Redfin. Mortgage rates are above 7%, and pending home sales are near record lows with many deal cancellations.

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