Why Britain's housing market is losing momentum as mortgage rates rise again

Britain's housing market saw momentum slow in July, with prices remaining flat. Higher mortgage rates and economic uncertainty are impacting buyer demand significantly. Northern Ireland and Scotland recorded the strongest annual price growth across the country. Southern regions experienced price declines, widening the

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June

America In Focus: US employers unexpectedly cut 23,000 jobs; mortgage rates rise again  AP News

First-time homebuyers are taking the brunt of rising housing costs, including steadily climbing mortgage rates.