The benchmark 10-year U.S. Treasury yield surged above 5.05% Wednesday, reaching its highest level since 2007 and creating fresh upward pressure on borrowing costs across the housing and mortgage markets. The 10-year yield jumped 8.7 basis points to 5.054% following...
New York City has moved one of Lower Manhattan’s largest proposed housing developments into public review, advancing a plan to replace the city-owned office building at 100 Gold Street with nearly 4,000 mixed-income homes.The proposal includes approximately 1,000...
Texas has put a statewide brake on new data center approvals, a move with implications for land, development, utilities and communities across one of the country’s most active real estate markets. Gov. Greg Abbott on Sept. 21 directed the Texas Commission on...
Artificial intelligence has moved from experiment to routine tool for a large share of real estate agents. Nearly half of Realtors now use AI daily or weekly, according to the National Association of Realtors’ newly released 2026 REALTORS Technology Report. NAR...
Mortgage demand looks very different depending on which slice of the market is being measured. Fannie Mae’s latest weekly mortgage applications data show purchase application dollar volume rose 15.2% for the week ending Sept. 18. Total refinance application...