Tag Archives: 30-year fixed mortgage rates

The market keeps tipping toward a pool of reluctant buyers

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Mortgage rates and the median listing price are down while active inventory is up year over year, but more positive movement may be required for hesitant buyers this spring. Continue reading →

Mortgage applications saw healthy boost during sub-6% rate week

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Buyers responded with enthusiasm to a dip in mortgage rates last week, but this week’s rate spikes and conflict in Iran could lead to a downturn in mortgage applications in weeks to come. Continue reading →

Mortgage rates surge upward amid Iran conflict

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After a week in which the average 30-year fixed-rate mortgage rate fell below 6 percent for the first time in more than three years, rates reversed, hitting 6.15 percent on Tuesday in response to overseas conflict. Continue reading →

Mortgage rates have dipped below 6%. Here’s where it may unlock more transactions

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The drop to 5.99 percent on 30-year fixed-rate mortgages in the wake of shifting tariff policies could unlock transactions in select markets in the Midwest and South, according to an analysis from Realtor.com. Continue reading →

Homebuyers canceled deals at their highest rate ever in December

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Homebuyers in the U.S. canceled about 40,000 purchase agreements during the month of December — a record for any December dating back to at least 2017. Continue reading →

Government shutdown nails housing programs in week 2

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The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown’s third week. Continue reading →

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

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The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading →

Down payments set shrinking course for 1st time in 2 years

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Down payments are declining even as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because of economic uncertainty, Redfin said. Continue reading →

Buying vs. renting: The income gap is widening, Redfin says

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The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading →

Build-to-rent homes hit record high in 2024 with no signs of slowing

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In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading →