Homeowners rush to refinance as mortgage rates hit 2025 low

Homebuyer loan applications flooded in last week at the second-highest level of the year. Demand for adjustable-rate mortgage loans is at the highest level since 2008. Continue reading

Trump wins one battle, loses another as Fed policymakers kick off 2-day rate-setting meeting

Trump appointee Stephen Miran confirmed as Fed governor in 48-47 Senate vote, but appeals court upholds ruling that Lisa Cook can stay on board while she contests legality of removal order. Continue reading

Buyer’s market now in doubt as new listings tank 7.3%

Zillow’s latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3 percent in one month. However, there are still plenty of opportunities for buyers to make a deal, especially in the South. Continue reading

Most Americans think mortgage rates and home prices have peaked

The silver lining in deteriorating consumer confidence is that the weaker job market means the Federal Reserve is expected to slash rates several times this year and next, even as tariffs fuel inflation. Continue reading

Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week

Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting three small rate cuts this year rather than a dramatic move next week. Continue reading

Homeowners are cracking under the pressure of increased costs

Median monthly homeownership costs have risen 26 percent from 2019, according to the U.S. Census Bureau’s latest American Community Survey data. released on Thursday. Continue reading

Homebuyer demand surges as mortgage rates tumble to 2025 low

Applications for purchase mortgages hit their highest level since July last week, and rates keep falling on weak jobs reports and more encouraging inflation data Continue reading

Massive downward jobs revision not budging mortgage rates

Rebenchmarking that suggests the U.S. added 911,000 fewer jobs than previously thought generates political heat but was widely expected by economists and investors. Continue reading

Here are the markets where homebuyers have the upper hand

Realtor.com’s August market report revealed the emergence of a balanced market, with pockets of dominance for buyers in the Southeast and West. However, economic headwinds are suppressing sales, with contract signings and delistings rising annually dur… Continue reading

Modest gains help agents see path to recovery: Client Pipeline Tracker

Homebuyers are still only dipping their toes back into the market. But it’s enough for agents to feel cautiously optimistic again about the year ahead — and dream a little bigger. Continue reading