# US Housing Starts Rise, Permits Drop

> US single-family housing starts rebound in August as mortgage rates surge.
- Title: US Housing Starts Rise, Permits Drop · Yahoo Finance
- Summary: US single-family housing starts rebound in August as mortgage rates surge. US single-family housing starts rose 7.6% to 918,000 units in August but building…
- Keywords: single-family housing starts, building permits, mortgage rates, census bureau, fed, treasury yields, home builders, business, finance, Housing, Starts, Rise
- Source: Yahoo Finance — https://finance.yahoo.com/real-estate/articles/us-single-family-housing-starts-131652276.html
- Published: 2026-09-17T13:19:38+00:00
- Read time: 1 min
- Topics: us, single-family housing starts, building permits, mortgage rates, census bureau, fed, treasury yields, home builders, business, finance
## US housing starts rebound
US single-family housing starts jumped 7.6% to a seasonally adjusted annual rate of 918,000 units in August.
## Building permits fall
Single-family building permits fell 1.8% to a rate of 878,000 units in August.
## Mortgage rates surge
The average rate on a 30-year fixed-rate mortgage was 6.76%, the highest level in more than a year.
## Fed raises rates
The Fed's overnight benchmark interest rate was raised by a quarter of a percentage point to the 3.75%-4.00% range.
## Home builders sentiment drops
National Association of Home Builders survey showed sentiment slumped to a one-year low in September.
## Housing starts decline
Overall housing starts fell 2.6% to a pace of 1.275 million units in August.
## Key takeaway

US single-family housing starts rose 7.6% to 918,000 units in August but building permits fell 1.8% to 878,000 units amid rising mortgage rates.