What to Know About Trump’s Powell Pressure and Mortgage Rates https://t.co/eXfL3WDLRj ...

Mortgage Market Trends - US mortgage rates experienced a decline for the second consecutive week [1]

Market Catalysts anchor Julie Hyman reports on the latest market movers for July 30, 2025. President Trump announced a 25% tariff rate for India, which could also face an extra import tax due to Russian oil purchases. This announcement comes after President Trump said the US and India are close to a deal on trade, and the president's trade deadline of August 1st is nearing. Pending home sales fell 0.8% in June from the previous month and 2.8% year-over-year. Julie spoke with the National Association of Real ...

All right. So, folks, you may not care about the Federal Reserve or interest rates, but you may want to buy a home. And what the Fed does could influence the bond market, which could influence mortgage rates.And guess what. We got new numbers on pending home sales for the month of June. Diana Ols.>> Well, Brian, pending home sales in June dropped just less than 1% from May and we're down 2.8% from June of last year. These counts are based on signed contracts for existing homes. So, people out shopping in Ju ...

Mortgage rates would have to fall to lower than 4.5% or home prices would need to fall by 18% for housing to become affordable in the U.S., according to a new report. https://t.co/tfOI8dScPv https://t.co/SspWhjlEdW ...

Mortgage Rate Trends - Mortgage rates are holding steady after fluctuating from a spring peak to a summer low [1] - This stability allows potential buyers to save hundreds annually [1]

Market Trends - US mortgage rates experienced their first decrease in three weeks [1]

Housing Market Sales - Existing home sales decreased by 2.7% month-over-month to a seasonally adjusted annualized rate of 3.93 million units [1] - The market experienced a miss in sales, with expectations being for essentially flat sales year-over-year [1] - Sales data reflects contracts likely signed in April and May when the average on the 30-year fixed mortgage rate exceeded 7% [1] Housing Supply and Demand - The number of units for sale at the end of June was 1.53 million, up 15.9% from June of the previous year [2] - The month's supply is at 4.7 months, still considered lean compared to the balanced level of 6 months [2] Home Prices and Market Dynamics - The median price of a home sold in June was $435,300, a 2% increase year-over-year, marking the 24th consecutive month of annual increases [2] - Homes are staying on the market longer, averaging 27 days compared to 22 days last June [2] - First-time buyers represent 30% of sales, lower than the historical average of 40% [3] - All-cash sales remain elevated at 29% of total sales [3] - Sales are strongest in the higher end of the market, a shift from the spring when this segment was affected by stock market volatility [3] Potential Policy Impact - A potential cut in capital gains on home sales, as suggested by the president, is estimated to affect 15% of current homeowners, primarily at the highest end of the market [4]

Okay, there are a lot of caveats associated with this and of course we don't know a lot of the details but still if we are to think about things that can facilitate transaction in this market. It does seem like the administration is committed on some level to make the housing market better to get people out of their, you know, 3% mortgage rates and and get some deals done. If you can't do it on the rate front, you're going to do it some somewhere else.So that's listen, the PY report was fine. I think I don' ...

Group 1 - PulteGroup, Inc. (NYSE: PHM) has underperformed over the past year, with a loss of approximately 7% in value due to a softening housing market impacted by high mortgage rates [1] - Investors received positive news recently, providing relief amidst the challenging market conditions [1]