Sales of previously occupied U.S. homes rose in November from the previous month, but slowed compared to a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year. Through the first 11 months of this year, home sales are down 0.5% compared to the same period last year. Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Privacy Policy | Fast Company Newsletters "It's possible that 2025, unless Decem ...

Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.21% from last week's reading of 6.22%. The average rate on a 30-year loan was 6.72% a year ago. HOME DELISTINGS SURGE AS SELLERS STRUGGLE TO GET THEIR PRICE "The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months," said ...

Joining us now is Pimco, global economic adviser, former Federal Reserve vice chair Richard Clara. It's great to have you here. Welcome back.>> Yeah, always enjoy it. >> So, how much do you read into this inflation print. >> I think there's some good news here.Obviously, distortions with the shutdown and some seasonals. Uh uh but I think you take the good news when you can can get it. Um and I think it reinforces the message out of the Fed last week, which is inflation is still pretty stubborn, but it's it' ...

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year. The decline brings the average long-term mortgage rate to 6.21% from 6.22% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.72%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell this week. The rate averaged 5.47%, down from 5.54% last week. A year ago, it averaged 5.92%, Freddie Mac said. ...

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 12/18/2025 MCLEAN, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.21%. “The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months,” said Sam Khater, Freddie Mac’s Chief Economist. “With rates down half a percent over last year, ...

The Federal Reserve cut its benchmark interest rate last week, and just as happened the last two times, mortgage rates rose. That caused demand for home loans and refinances to drop.Total mortgage application volume fell 3.8% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, 806,500 or less, increased to 6.38% from 6.33%, with points increasin ...

Mortgage rates remain in a comfortable routine. According to Zillow data, the 30-year fixed mortgage rate is 6.13%, and the 15-year fixed rate is 5.53%. The Federal Reserve announced a third interest rate cut last week, and mortgage rates shrugged. The 30-year interest rate has barely moved since the end of October. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.13% 20-year fixed: 6.08% 15-year fixed: 5.53% 5/1 ARM: 6.24% 7/1 ARM: ...

Checking today’s mortgage rates might leave you feeling stuck in limbo: Are these the best rates you can get, or should you wait for something better? During the COVID-19 pandemic in 2020, many Americans jumped at the chance to buy property thanks to ultra-low mortgage rates. Read More: I’m a Real Estate Agent: 5 House Items Buyers Almost Always Regret Find Out: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too Now, at the end of 2025 and beginning of 2026, rates are not e ...

Home Price Trends - Home prices are fractionally lower year-over-year and down 1.4% in the last 3 months [1] - National home prices haven't been negative since mid-2023 [1] - Certain markets are seeing significant price drops, such as Austin (-10%), Denver (-5%), Tampa and Houston (-4%), and Atlanta (-3%) [1] - Other markets are seeing gains, including Cleveland (+6%), Chicago and New York City (+5%), Philadelphia (+3%), and Pittsburgh and Boston (+2%) [1] Market Analysis & Forecast - Parcel Labs' base case is that prices will hover around zero with small positive or negative year-over-year changes, rather than the double-digit gains of the pandemic era [1] - Home prices are influenced by mortgage rates and the broader health of the economy [2] - Supply will also play a role in home prices [2] Data & Methodology - Home price reporting is challenging due to different measurement methods [1] - Parcel uses a high-tech method for measuring home prices, which is considered current and accurate [1] - Measuring prices compared with the same time a year ago is important due to housing seasonality [1]

And for more on that, I want to welcome into the program Joe Leavia, counselor to Treasury Secretary Bessett. Joe, thanks so much for joining me. Always great to see you.>> Thank you. Thank you. >> The Fed yesterday increased their outlook for the economy next year.They now see GDP growth of 2.3%. Fed Chair Powell said that he thinks that any price increases from tariffs could peak in the first quarter. where they see inflation falling to 2.5% next year, but the unemployment rate is expected to hold at 4.4% ...