U.S. Housing Market
Mortgage Rates Rise for Third Straight Week
The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. Continue Reading Mortgage Rates Rise for Third Straight Week
Harvard Forecast Points to Slowing in Remodeling Market
The Harvard forecast is at odds with the National Association of Home Builders’ Remodeling Market Index report. Continue Reading Harvard Forecast Points to Slowing in Remodeling Market
Speaker Johnson: Housing Bill ‘Will Become Law’
President Trump abruptly cancelled a Capitol Hill signing ceremony for the bill last week. Continue Reading Speaker Johnson: Housing Bill ‘Will Become Law’
Hits and Misses for the Real Estate Week of June 22-26
A Trump about-face on the bipartisan housing bill, a lack of natural gas services in a Brooklyn housing project, and an unlikely real estate advisor for Perez Hilton. Continue Reading Hits and Misses for the Real Estate Week of June 22-26
Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
“While the headline increase in delinquencies may draw attention, the underlying performance picture is stable as delinquencies remain below January 2020 levels,” said ICE’s Andy Walden. Continue Reading Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. Continue Reading Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
Alabama Recorded Increase in Home Sales During November
The median sales price in Alabama grew by $39,275 year-over-year to $251,784, an 18.5% annual increase but a 0.6% drop month-over-month. Continue Reading Alabama Recorded Increase in Home Sales During November
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
“Our residents deserve better than deficits, economic decline and policies that push families and businesses away,” the letter said. Continue Reading Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
Virginia Home Sales Down in November
The statewide median sales price reached $425,000 in November, up $10,000 for a 2.4% year-over-year increase. Continue Reading Virginia Home Sales Down in November
FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
This Final Rule is effective Feb. 23, 2026. Continue Reading FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
Pennsylvania Home Sales Down While Prices Keep Rising
The Pennsylvania median home price was up 5.2% year-over-year to $305,000, compared to $290,000 in November 2024. Continue Reading Pennsylvania Home Sales Down While Prices Keep Rising
