Ahead of today’s biggest market news item — the Fed rate cut, expected at 1pm ET today — we see an economic segment directly affected by interest rates, Housing. As we’ll see, the homebuilding side of the housing market continues to cool down — clearly a result of still-high interest rates, which translate to high mortgage rates.August Housing Starts & Building Permits LowerWe had expected Housing Starts to cool month over month, from a +5% pop in July to something a bit lower. But today’s headline 1.307 mi ...