U.S. Housing Market
Mortgage Rates Take a Mild Drop
The 30-year fixed-rate mortgage averaged 6.09% as of Feb. 12, down from last week when it averaged 6.11%. Continue Reading Mortgage Rates Take a Mild Drop
Existing Home Sales Down 8.4% During January
The $396,800 median existing home price for all housing types was up 0.9% from one year ago ($393,400). Continue Reading Existing Home Sales Down 8.4% During January
A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes
Homeowner anger at rising property taxes could dominate the 2026 state-level elections. Continue Reading A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes
Robinhood Teams with Sage Home Loans on New Mortgage Offer
The new offer was first piloted during the summer to a small group of Robinhood Gold subscribers. Continue Reading Robinhood Teams with Sage Home Loans on New Mortgage Offer
Treasury Secretary Bessent Blames Fed for ‘Housing Recession’
“If the Fed brings down mortgage rates, they can end this housing recession,” said Bessent. Continue Reading Treasury Secretary Bessent Blames Fed for ‘Housing Recession’
Slight Uptick in Mortgage Application Activity
“The level of ARM applications increased by 15% over the week,” said MBA’s Joel Kan. Continue Reading Slight Uptick in Mortgage Application Activity
Mortgage Credit Availability Up Slightly in September
“There were more loan programs for ARM loans for borrowers seeking lower initial monthly payments,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly in September
Homebuyers Increasingly Tap Into the Bank of Mom and Dad
“The challenging market conditions this year are changing buyer behavior in significant ways,” said Realtor.com’s Danielle Hale. Continue Reading Homebuyers Increasingly Tap Into the Bank of Mom and Dad
Alta at The Farm, a Residential Community, Opens in Dallas Suburb
The new community is based in the heart of The Farm, a 135-acre mixed-use development. Continue Reading Alta at The Farm, a Residential Community, Opens in Dallas Suburb
Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
“Today, the spread between 30-year mortgage rates and 10-year Treasury yield is at historically high levels,” the trade groups warned. Continue Reading Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
California Association of Realtors Provides More Funding for Closing Cost Assistance Program
Under the program, eligible low- and moderate-income homebuyers will receive up to $10,000 in financial support to cover their closing costs. Continue Reading California Association of Realtors Provides More Funding for Closing Cost Assistance Program
Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure
“Mortgage rates persistently over 7% appear to be deepening the malaise consumers feel about the home purchase market,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure
Capital Square Teams with Japanese Firm to Acquire BFR Single-Family Community in Texas
The 100-unit Creekside Terrace is being developed by Pulte Homes. Continue Reading Capital Square Teams with Japanese Firm to Acquire BFR Single-Family Community in Texas
New Energy-Efficient Townhome Community Opens in Long Beach
The Dawson is located in the city’s historic Rose Park neighborhood. Continue Reading New Energy-Efficient Townhome Community Opens in Long Beach
Jennifer Lopez and Ben Affleck Take Out $20 Million Mortgage on Their New Beverly Hills Home
The residence encompasses 38,000 square feet with 12 bedrooms, 24 bathrooms and parking for 92 cars. Continue Reading Jennifer Lopez and Ben Affleck Take Out $20 Million Mortgage on Their New Beverly Hills Home
