Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling. Inflation Went Up – Here’s What That Actually Means The government tracks inflation in […]
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Demand for mortgage purchase applications has shown some resilience in the first half of this year, even as rates ticked up amid a lot of dramatic headlines. At one point, mortgage rates rose 0.76% from their yearly lows to their highs. How has this impacted mortgage demand? As crazy as this sounds, if I take
Mortgage demand resilient in the first half of 2026 Read More »
Current homeowners looking to sell during May posted at prices 2.4% lower than one-year prior, the steepest decline since 2017, according to Realtor.com Processing Content This came as pending sales increased for a sixth straight month. It was also the best May for new listings since 2022, with a 2.1% annual increase. Sellers are doing
Home list prices fall at fastest rate since 2017 Read More »
If the housing market feels confusing right now, you’re not alone. Mortgage rates have risen. Home sales haven’t picked up like expected. And many buyers and sellers are wondering when things are going to feel easier or be more affordable. The truth is: a lot changed over the first half of this year. Back at
The Mid-Year Housing Market Update: Why Forecasts Changed in 2026 Read More »
Rates for 30-year conforming mortgages stayed above 6.7% this week, but housing market activity has been resilient as weekly pending sales and purchase loan demand are up slightly compared to this time last year. At HousingWire’s Mortgage Rates Center on Tuesday, 30-year conforming loan rates averaged 6.71%, while rates for 30-year jumbo loans averaged 6.73%
Mortgage rates at 6.71% as purchase demand holds up Read More »
Housing inventory officially went negative year-over-year last week. This might be a shocker to some people, but not for readers of our Housing Market Tracker, since I believe the housing inventory story started shifting in mid-June of 2025. Lets go over last week’s data and explain what’s happening. Housing Inventory First things first: the Memorial
Housing inventory just turned negative year over year Read More »
The 2-basis-point rise in the 30-year fixed rate mortgage, even with the huge decline in Treasury yields, is a reaction to inflation and growing doubts that short-term rate cuts are on the horizon. Processing Content The 30-year FRM was at 6.53% on May 28, the Freddie Mac Primary Mortgage Market Survey found. This compared with
Mortgage rates rise again as bond market reacts to inflation Read More »
All-cash home purchases dropped to its lowest March level in six years, as mortgage rates are down, comparatively, and buyers hold negotiating power. Processing Content Just less than 29% of homebuyers in the United States paid in all cash in March, a full percentage point drop from 29.8% a year earlier and tied with 2021
All-cash home sales drop to lowest share in 6 years Read More »
US mortgage rates increased last week to the highest since August, restraining home-purchase activity and prompting a sharp pullback in refinancing. Processing Content The contract rate on a 30-year mortgage rose 9 basis points to 6.65% in the week ended May 22, according to Mortgage Bankers Association data released Wednesday. Since the start of the
Mortgage rates climb to highest level since August Read More »
Let’s be real with each other for a second about affordability. Because you deserve someone who will be honest and transparent about what’s going on, especially if you’ve got a move on your mind. Here’s the full picture of what’s happening and why. The good – and the bad. So, you know what it truly
The Truth About Affordability Today Read More »