Latest Updates Around The World
Mortgage purchase application details The past three years have shown that when mortgage rates fall below 6.64% and move towards 6%, purchase application data improves, especially from week to week. In recent years we have not been able to keep interest rates near 6% long enough to gain real traction. This year we were able […]
However, the recovery is expected to remain slow, with existing home sales well below normal levels and broader political and economic uncertainty keeping the outlook fragile. Realtor.com predicts that the average 30-year mortgage rate will hover around 6.3% in 2026 – slightly below the 2025 average of 6.6%. That’s according to Chief Economist Danielle Hale […]
Total number of pending home sales Our HousingWire data tracks many categories every week and we share just a few in these weekly tracker articles. Today I wanted to cover our overall sales data because you can see how sales in recent weeks have been better than in previous years. In recent years, housing data […]
The announcement – made at a JPMorgan Chase-sponsored Axios event in Atlanta where policymakers, business leaders and community groups discussed housing issues and solutions – builds on the company’s $5 billion in debt and equity already provided for affordable housing through the first three quarters of 2025. The initiative focuses on strategies such as innovative […]
The answer, according to Kushi, lies in six forces shaping the outlook: affordability, demographic demand, regional divergence, local tension, rising inventory and the continued benefit to new housing. Affordability and demographics Mortgage rates are expected to remain in the low 6% range next year, according to a report published this week by First American Data […]
“Military members have made sacrifices to protect our home,” said Bill Banfield, Chief Business Officer at Rocket. “VA loans are one of the most powerful benefits available to veterans and service members, opening doors to homeownership with no down payment, no monthly mortgage insurance and flexible credit requirements. “This is an excellent time for veterans […]
Weekly home inventory data Housing inventory growth during the peak sales season rose 33% year-on-year, and has recently fallen to 16%. As demand picked up slightly and new listing data began to decline, the inventory growth rate has fallen by half, but continues to rise healthily year over year. The year-over-year growth has created a […]
Mortgage spreads Why and how did I reach my target level this year? With interest rate volatility easing and the Fed’s rate-cutting cycle continuing, mortgage rates should improve by 0.27% to 0.41% this year. Now that we have reached my optimal improvement for mortgage spreads in 2025, I would like to remind everyone that we […]
We need to take these factors into account when looking at last week’s data. Pending home sales did recover last week, but not to the exact levels the data seems to show. The same goes for our new advertising data and inventory data. Let’s see. Weekly ongoing sales Last week’s existing home sales report showed […]
