66 major housing markets now see falling prices

The article reports that, on a nationally aggregated basis, the recent jump in long-term yields and mortgage rates has coincided with a renewed acceleration in market softening. For Chinese readers in the US who are considering buying a home, the story frames mortgage rates as part of the current market picture, but it provides no detail on how large the move has been, which markets are affected, or what it means for rents or home values. The article does not address visas, immigration, jobs, income, education, safety or family life.