What 7% Mortgages Mean for Housing and the Economy

References

1. https://www.nahb.org/news-and-economics/housing-economics/housings-economic-impact/housings-contribution-to-gross-domestic-product
2. https://www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-2-0-decrease-in-august
3. https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
4. https://www.sca.isr.umich.edu/
5. https://www.bls.gov/news.release/cpi.nr0.htm
6. Clearnomics research and the Mortgage Bankers Association, as of September 28, 2026
7. Clearnomics research and the Federal Reserve Economic Data, as of September 28, 2026
8. https://home.treasury.gov/policy-issues/financing-the-government/interest-rate-statistics
9. https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20260916.htm