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News for: Housing Market
Showing 145 - 168 of 225 results
Jun 19, 2025 3:00 AM
— Housing Market
Why the housing market is so stuck, in 4 charts
The US housing market is currently sluggish, with high home prices, high mortgage rates, and economic uncertainty driving more sellers to list their properties but prices remaining high. Mortgage rates have been stable at a relatively high level of 6.8% to 7%, leading to stability in the market but pricing potential buyers out of it. Home price growth has surpassed wage inflation, causing a stands... more
Jun 18, 2025 8:00 AM
— Housing Market
Buyers aren't biting on lower rates amid economic doubts
Geopolitical uncertainty is causing fluctuations in the housing market, with rates remaining relatively stable and demand fluctuating. Top lenders have high mortgage origination volumes. Mortgage applications have recently risen after a month of decline. A closed meeting between relevant agencies is the first since 2017. The average 30-year fixed-rate mortgage has slightly increased. A growing sup... more
Jun 18, 2025 7:00 AM
— Housing Market
Why More Sellers Are Choosing To Move, Even with Today’s Rates
Many homeowners are hesitant to move due to their low mortgage rates, but the desire for more space or to be closer to family is pushing more people to sell despite potentially higher rates. As mortgage rates are expected to only decrease slightly, waiting for a big drop may not be worth staying in a space that no longer fits. It's important to consider what type of home would best support your cu... more
Jun 17, 2025 8:00 AM
— Housing Market
Builders scale back as costs, supply rise
Housing permits fell for the fourth consecutive month, indicating a slowdown in construction due to a weak housing market. However, housing starts increased in April, mainly driven by multifamily home construction. Purchases of new single-family homes also rose significantly, reaching the highest level since February 2022. Despite this, major housing markets are experiencing home price declines, w... more
Jun 17, 2025 7:00 AM
— Housing Market
Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Builder sentiment in June dropped 2 points to 32 on the NAHB/Wells Fargo Housing Market Index, with all three components showing declines. Buyers are hesitant due to elevated mortgage rates and economic uncertainty, leading to a growing number of builders cutting prices to address affordability concerns. The report also forecasts a decline in single-family starts for 2025.
Jun 16, 2025 2:00 PM
— Housing Market
How to think about home prices for the rest of 2025
The housing market has seen a shift with home prices beginning to decline as inventory of unsold homes has increased. Mortgage rates have stayed high and sales have been disappointing, although they are now starting to show some growth. Home prices have been climbing in recent years but are now softening with some states already experiencing prices at or below 2024 levels. The overall sentiment is... more
Jun 16, 2025 9:00 AM
— Housing Market
Cook County DPA, Processing Automation, LO Pricing Tools; Mortgage Cost Map; Conv. Conf. News
The article discusses the differences in mortgage closing costs and denial rates by state, with Alaska, North Dakota, and Nebraska having lower denial rates and Mississippi, Louisiana, and West Virginia having higher denial rates. It also mentions various mortgage-related products, services, and specials offered by different companies in the mortgage industry.
Jun 15, 2025 5:00 AM
— Housing Market
Elevated mortgage rates aren’t discouraging homebuyers
Despite factors like elevated mortgage rates, trade war uncertainty, rising property taxes, and low consumer confidence, housing demand continues to hold up and home sales are not crashing in 2025. Purchase application data is up 20% year over year, indicating market momentum.
Jun 11, 2025 11:01 AM
— Housing Market
Is it smart to buy a home right now? The U.S. housing market is a 'mixed bag,' broker says
The U.S. housing market is currently difficult to predict with elevated mortgage rates and a median home price of $442,000. However, inventory is increasing in many markets, giving buyers more negotiating power. Despite forecasts of declining home prices by the end of 2025, mortgage rates are expected to remain high, affecting affordability. Tariffs on building materials may further increase const... more
Jun 10, 2025 8:00 AM
— Housing Market
Housing Market Predictions For The Rest Of 2025
The housing market in the second half of 2025 is predicted to have a favorable outlook if mortgage rates improve, although rising prices and slowing construction could still cause issues for buyers. Experts expect the average 30-year mortgage rate to remain in the 6% range for most of the year, with some fluctuations. Home prices are expected to continue rising, but at a slower pace than previous ... more
Jun 10, 2025 8:00 AM
— Housing Market
Democrats Urge Trump Administration to Pump Brakes on Freddie, Fannie Move
Leading congressional Democrats, led by Senator Elizabeth Warren, are pushing back on President Trump's idea to release mortgage giants Fannie Mae and Freddie Mac from government control. They argue that hasty and poorly planned changes could increase costs for families seeking to purchase a home. Releasing the companies from government control could benefit shareholders like Bill Ackman but could... more
Jun 10, 2025 7:02 AM
— Housing Market
Mortgage Rates Slightly Lower Ahead of Inflation Data: Today's Rates, June 10, 2025
Despite forecasts of gradually falling mortgage rates, the housing market remains unaffordable for most prospective buyers due to high home prices and cost-prohibitive monthly payments. The 'lock-in' effect from low-rate mortgages is keeping housing inventory tight, while a potential job-loss recession could further impact the market. Mortgage rates are closely tied to the bond market and are expe... more
Jun 9, 2025 10:00 AM
— Housing Market
Home purchase sentiment rises after tariff pause
Despite increasing mortgage rates and economic volatility, the outlook among home buyers and sellers improved, with more consumers believing the market is better than in 2024. Fannie Mae's latest mortgage outlook for 2025 and 2026 is positive due to increases in gross domestic product and home sales expectations.
Jun 8, 2025 9:03 PM
— Housing Market
Study: Owning a home costs over $21,000 a year in hidden expenses
Bankrate conducted a study on the hidden costs of homeownership in the U.S. in 2025, finding that the average annual costs amount to $21,400 per year. These hidden costs include property taxes, homeowners insurance, utilities, internet and cable bills, and maintenance and repairs. Homeownership costs have climbed in recent years due to inflation, rising interest rates, and a competitive housing ma... more
Jun 5, 2025 10:00 AM
— Housing Market
Mortgage rates ease, but many house hunters still need hacks
Despite a slight decline in 30-year fixed-rate mortgages, overall mortgage rates have not seen significant changes this year. Affordability remains a challenge for homebuyers as home prices continue to rise. While some believe that lowering mortgage rates could stimulate the housing market, the impact may be limited if home prices keep increasing. For many buyers, the amount of money needed for a ... more
Jun 4, 2025 9:00 AM
— Housing Market
MBS Pooling, HELOC, Verification Tools; Listings Hit All-Time High; Marginal Costs to Produce a Loan
The housing market in the US is currently facing an inventory surplus with home sellers sitting on nearly $700 billion worth of listings, an all-time high. There are nearly 500,000 more sellers than buyers, leading to potential impacts on home prices. The NAR Chief Economist predicts an increase in existing and new home sales, along with a rise in median home prices and mortgage rates in the comin... more
Jun 2, 2025 2:00 AM
— Housing Market
America's housing market is cracking
After more than two years of continuous price increases, the American housing market is showing signs of fatigue. Home prices are starting to fall, unsold inventory is piling up, and buyers are walking away from deals. Mortgage rates around 7% and economic uncertainty from tariffs are causing buyers to hesitate. Luxury buyers are also backing away. Real estate agents are witnessing a shift towards... more
Jun 2, 2025 2:00 AM
— Housing Market
May mortgage applications for home purchases surge 27%, setting new Dutch record
The Dutch mortgage market hit a new record in May with a surge in home purchase applications, driven by anticipated changes in interest rates. The majority of applications were for home purchases, showing a shift in market dynamics. The average mortgage amount and home value also increased compared to the previous year.
Jun 1, 2025 3:01 AM
— Housing Market
3 reasons it's a great time to buy a home, according to Compass' CEO
CEO of Compass, Robert Reffkin, believes now is a good time to buy a home due to high housing inventory, lower prices, and relatively lower borrowing costs. He predicts prices may fall slightly in the second half of 2025. Pending home sales dropped in April, but Reffkin expects a rebound in May due to easing fears surrounding tariffs.
May 31, 2025 4:00 AM
— Housing Market
Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market
The U.S. housing market has more sellers than buyers, resulting in less competition for home listings and pressure on sellers to lower prices. Mortgage rates have been rising since 2022, affecting home sales. Some sellers have reduced prices or offered incentives. The market imbalance is expected to lower home prices by 1% by the end of the year. Despite favoring buyers, the housing market remains... more
May 31, 2025 3:02 AM
— Housing Market
Home Prices Falling or Growing Less Quickly?
Both FHFA and Case Shiller released home price data showing positive month-to-month movement, but with long-term trends indicating a decline in the pace of home price appreciation. However, Case Shiller's seasonally adjusted numbers revealed a national decline in prices, the first negative reading since early 2023, raising concerns about the housing market.
May 31, 2025 3:02 AM
— Housing Market
Pending Home Sales Slip, But the Broader Story Remains the Same
The National Association of Realtors' Pending Home Sales Index has been stagnant for over two years due to affordability constraints and elevated mortgage rates. April saw a 6.3% drop in pending sales, with the index hitting its third-lowest level on record. Despite regional variations, the overall trend remains one of stagnation with higher mortgage rates being the biggest hurdle for both buyers ... more
May 31, 2025 3:00 AM
— Housing Market
Sellers outnumber homebuyers: High prices and mortgage rates continue to skew the housing market
The U.S. housing market currently has nearly 34% more sellers than buyers, leading to less competition for home listings and more pressure on sellers to lower prices. The increase in sellers and decrease in buyers has caused a decline in home sales, with prices expected to drop by about 1% by the end of the year. Some sellers have already started reducing prices and offering incentives to attract ... more
May 30, 2025 8:00 AM
— Housing Market
Sellers outnumber prospective homebuyers as high prices, mortgage rates skew market
The U.S. housing market currently has more sellers than buyers, leading to less competition for homes and pressure on sellers to lower prices. This shift in balance between buyers and sellers is causing home prices to decline, with some metro areas already experiencing price drops. However, despite this shift in favor of buyers, the housing market may remain unaffordable for many Americans due to ... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.