Mortgage rates continued to rise for the third straight week, albeit with incremental upticks, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5, up slightly from...
A recent report in the Washington Post highlighted a striking reality: economists, researchers, and policymakers cannot agree on the true size of the U.S. housing shortage. Estimates range from roughly two million homes to as many as twenty million. (Source:...
Home prices rose in nearly three-quarters (73%) of metro markets (168 out of 230) during the fourth quarter of 2025, according to data from the National Association of Realtors (NAR). This is down from 77% in the third quarter. The national median single-family...
The typical US home value during January was $358,968, according to data from Zillow (NASDAQ: Z, ZG). This marked a 0.4% drop from December, as well as a 0.2% uptick from January 2024. January marked the sixth consecutive month that home values were down on...
The recent snowstorms that disrupted the nation are being blamed for hampering mortgage application activity during the week ending Jan. 30. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity,” said Joel Kan,...