US August housing starts 1.275m vs 1.309m expected

Prior was 1.239m Prior starts were -12.4% Building permits 1.394m vs 1.410m expected Prior permits 1.433m US housing starts fell 2.6% and permits were lower by 2.7% as the pain in the US housing market continues. US 30-year mortgage rates are now about 7% so there's no help…