The 30-year fixed-rate averaged 6.58% as of Aug. 14, 2025, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.63%; it also marked the lowest level recorded year-to-date. A year...
Treasury Secretary Scott Bessent is walking back demands he made yesterday that the Federal Reserve cut rates by 50 basis points at its next policy meeting in September. In an interview on Fox Business this morning, Bessent insisted, “I didn’t tell the Fed what...
The number of residential properties sold in Texas to international buyers is up by nearly 9% year-over-year, according to the 2025 Texas International Residential Transactions Report released by Texas Realtors. The new report found nearly 7,500 buyers from other...
The second quarter delinquency rate for mortgage loans on one-to-four-unit residential properties declined to a seasonally adjusted rate of 3.93% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 11...
Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Indiana recorded 7,749 home sales in July, a 1% increase from one year before, while new pending sales totaled 7,853 transactions, up 9% from the prior year. According to the Indiana Association of Realtors (IAR), July’s 10,115 new listings marked a 9%...
