Dana Anderson of Redfin reported that U.S. pending home sales climbed to 340,101 on a seasonally adjusted basis in the four weeks ending May 3, the highest level since September…
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Newsletter:
We’re seeing the lowest interest rates in 3 years
Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.23% for the week ending April 23, down from 6.30% the prior week and below the 6.81% recorded one year ago.…
Sellers are optimistic heading into spring 2026
Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.30% for the week ending April 16, down from 6.37% the prior week and well below the 6.83% recorded one year…
Listings rise 4.6%, the largest March increase in five years
Anthony Smith of Realtor.com reports that new listings fell 10% year over year for the week ending April 4, the steepest weekly decline since late January. Year to date, new…
Rates rising on geopolitical tensions
Hannah Jones of Realtor.com reports that the Freddie Mac 30-year fixed mortgage rate rose for a fifth straight week, climbing 8 basis points to 6.46%, its highest level in seven…
78% of home purchases closed below asking price
Diana Olick of CNBC noted that the 30-year fixed hit 6.53% on March 20, just 18 basis points shy of year-ago levels. Active inventory rose 5.6% year-over-year for the week…
Rents hit a four-year low
Jessica Dickler of CNBC reported that the Federal Reserve held interest rates steady at 3.50–3.75% at its March meeting, marking its second consecutive pause. The 30-year fixed mortgage rate has…
The reality of Institutional investment activity
Flávia Furlan Nunes of HousingWire reports that the Senate passed the 21st Century ROAD to Housing Act in an 89-10 vote, sending the most comprehensive federal housing package in over…
How geopolitics is affecting real estate in 2026
Mary Cunningham of CBS News reports that the U.S. housing market is feeling the ripple effects of the war in Iran, with 30-year fixed mortgage rates ticking up to 6%,…
