# Pending home sales sink to 25-year low as buyers flee high mortgage rates

- Source: MarketWatch
- Published: 2026-10-20T15:01:00+00:00
- Category: Local
- Original: https://www.marketwatch.com/story/pending-home-sales-sink-to-25-year-low-as-buyers-flee-high-mortgage-rates-d02c6b30?mod=mw_rss_topstories
- Canonical: https://groundlevelnews.com/story/pending-home-sales-sink-to-25-year-low-as-buyers-flee-high-mortgage-ra-02e7af/

Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing over 7%.

_Ground Level News shows a short summary only; the full article and all rights belong to MarketWatch._