THE FOURTH RECORD
Mortgage rates set a third record in five weeks; home sales hit a 16-year low.

On September 3rd, Freddie Mac's benchmark 30-year fixed mortgage rate hit 6.71 percent, the highest mark in more than a year, the Hill reported, a climb it said was "portending lower purchasing power for prospective homebuyers."
Five weeks later, on October 5th, Mortgage News Daily's daily tracker put the same 30-year rate at 7.53 percent. The Washington Examiner filed that one as the highest level since 2023, next to a line noting investors growing "increasingly concerned about the federal government's fiscal footing."
Two mornings running, October 6th and October 7th, the Hill filed the next one: the 30-year rate's highest mark since late November 2023, back to 7.28 percent on Freddie Mac's own weekly count.
This week, the New York Post filed the fourth entry in that column: home sales at their lowest point since the late-2000s crash, sixteen years back. "Just a tough market," the report called it. The filing tallies what three record rate readings, stacked across five weeks, did to the number of buyers who could sign.
The gap worth measuring here, hon, sits between those three dated rate filings and the number of answers entered against them: zero. September's record held five weeks before October beat it. Both times the Hill ran its sentence about the midterms and named the GOP. The midterms came. The GOP lost Congress on affordability. The answer count for the run stayed at zero straight through the loss.
Sixteen years is a long stretch for a sales count to sit that low. Five weeks is a short stretch for a mortgage rate to set three records. Both numbers sit in the same drawer, filed under the same four months, under the same signature that never answered any of the three.

