Rates as of 7/9/2026
Iran tensions pushed mortgage rates higher this week, yet pending home sales climbed to 63,971 from 61,143 year-over-year while price cuts improved to 39.57% from 41%, signaling resilient buyer demand despite rate headwinds. The 21st Century ROAD to Housing Act became law after Trump's pocket veto, positioning deregulation as a tailwind for homeownership affordability. Century 21's M&A blitz—16 deals in 2026 following 24 last year—reflects consolidation driven by rising tech demands across the real estate sector. Meanwhile, Veterans United faces a strengthening legal challenge from 15 named plaintiffs alleging illegal RESPA violations through kickback and steering schemes.
TAKEAWAYDemand stays strong while deregulation and consolidation reshape housing's infrastructure.