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Zillow cuts outlook as mortgage-rate surge erases $38,000 in borrowing power

Nov 8, 2026 18:33 (8h ago)

Verifying

Zillow lowered its fourth-quarter revenue and adjusted EBITDA outlook after mortgage rates surged.
A $400,000 loan payment rose $269 monthly between 6.5% and 7.5%.
Deutsche Bank expects Zillow connections to rebuild in early 2027, with closed deals around the second quarter.