⚡️📉🏠🇺🇸 The US housing market is facing serious problems: in August, banks foreclosed on 5,794 homes, a 42% increase compared to last year.

📍More than 40,000 homes fell into foreclosure due to late payments. Meanwhile, mortgage rates have jumped from 2.65% in January 2021 to nearly 7.60% today.

📍In the first half of 2026, the number of actual foreclosed homes increased by 33%, and the number of new foreclosures increased by 7%.

📍While the current situation has not yet reached the scale of the 2008 crisis, further increases in mortgage rates could significantly worsen the situation for American families.

📍 Mortgage rates in the US jumped to 7.49%, reaching a nearly three-year high, Bloomberg reports.

📍 Home purchase applications fell 2.1% to a more than year-low, while refinance applications fell 7.5%.