The idea of home ownership feels like an increasingly impossible goal for many young Americans — especially those dealing with debt, a dwindling job market and a national housing affordability crisis. A new report from real estate brokerage Redfin, however, could bolster home ownership hopes [1]. The report showed that active U.S. home listings experienced their biggest drop since 2023 in August, falling 1.4% from July. New listings also dropped 1.1% month-over-month, and almost 3% year-over-year. That’ ...

The 30-year fixed mortgage rate for week ending Sept. 25 rose to 6.3% from 6.26%, Freddie Mac data show https://t.co/X1QUrtbOOp ...

The real estate market was a feast for buyers in August, according to Commerce Department data released Wednesday. New home sales rose a dramatic and unexpected 20.5% to a seasonally adjusted annualized rate of 800,000 units, the highest since January 2022 and leaving virtually every estimate in the dust. But, before anyone starts licking their lips, Wells Fargo analysts cautioned: “Take the gain with a huge grain of salt.” Economists noted that, without a sustained trend, the boom may simply be the outco ...

The 30-year fixed mortgage rate for week ending Sept. 18 fell to 6.26% from 6.35%, Freddie Mac data show https://t.co/bHGeJ4y9zE ...

Housing Market & Mortgage Rates - A 2% mortgage rate creates financial ties despite divorce [1] - Low mortgage rates influence housing decisions [1]

The 30-year fixed mortgage rate for week ending Sept. 11 fell to 6.35% from 6.5%, Freddie Mac data show https://t.co/753fXEZv1X ...

Core Insights - Mortgage rates have recently decreased, leading to a surge in mortgage applications, benefiting current homeowners [1][2] - The Mortgage Bankers Association (MBA) reported a 9.2% increase in loan applications on a seasonally adjusted basis from the previous week, with refinancing applications up 12% and 34% higher than the same week last year [1][3] Mortgage Rate Trends - The 30-year fixed-rate mortgage has dropped to 6.49%, the lowest since October of the previous year, indicating a weakened labor market [2] - The downward trend in rates has resulted in the highest borrower demand since 2022, with purchase applications at their highest level since July, over 20% ahead of last year's pace [3] Refinancing Insights - The holiday-adjusted refinance index experienced its strongest week in a year, with refinance applications making up nearly 49% of all applications last week [4] - The average loan size for refinances has increased significantly, as borrowers with larger loans are more sensitive to rate changes [4] Homebuyer Sentiment - A recent survey indicated that by Q3 2025, 52% of homeowners are willing to accept a mortgage rate up to 6.0% for their next purchase, up from 41% in Q1 2025 [4] - Despite the positive news, the current 30-year fixed rate is still 20 basis points higher than a year ago, reflecting ongoing market challenges [5]

We've heard the president argue that the reason rate should come down also is because the economy is doing well and things like the housing market. Are you saying that you agree with the president on that front. And if that's the case, what's the risk that the long and continues to rise and doesn't solve the problem that rate cuts are supposed to address.So it's a great question. So the first thing I would say, the housing market is stuck. Whether it's building permits, mortgage applications, new home sales ...

With the average 30-year fixed mortgage rate at a 10-month low, homeowners with high-rate mortgages are starting to get excited about refinancing https://t.co/8gP1B8dHjb ...

Mortgage & Housing Market - High mortgage rates suggest readiness to refinance [1] - Renting could save over $1,000 per month compared to buying [1] - Renting offers freedom that homeownership may not [1]