Mortgage rates in the US fell, keeping home-loan costs at a 10-month low https://t.co/9ZF0ndrd7E ...

She is former Bridgewwater chief investment strategist. She is now a senior fellow at the Council on Foreign Relations. Rebecca, there's so many angles that this is fast money. We're trying to bring it back to the investor. And what if anything to Dan's point, maybe this doesn't mean squat. What's your take? There's so many things that have to line up before the Fed actually loses its independence that that the Federal Reserve has a majority of Trump appointees or Trump friendly uh policy makers who cut rat ...

Market Trends & Regional Differences - Nationally, the real estate market is diverse, with variations across the Sunbelt, Northeast, and California, all influenced by interest rates [2] - New York City and other luxury markets face limited housing supply, impacting prices [5] - The Northeast suburbs are experiencing bidding wars, and New York City rents are at record highs, indicating continued demand [11][12] Interest Rates & Affordability - Rising interest rates have affected builders, leading to reduced construction and impacting affordability for potential buyers [2][3] - Many homeowners are hesitant to sell due to low existing mortgage rates, contributing to a "stuck" market [5][6] - Lowering rates gradually is seen as a solution to unlock the market, but a significant drop is not expected in the short term [6][7][9][10] Housing Supply & Future Outlook - Increased housing supply is anticipated with potential rate cuts and reduced uncertainty, but a sudden surge is unlikely [7][8] - A potential return to 5% mortgage rates could stimulate demand, similar to the refinance boom seen previously [9] - Addressing affordable housing in New York City requires cutting red tape and incentivizing developers [15] Political & Economic Factors - The New York City mayoral race and potential rent freezes are concerns for property owners and developers, potentially discouraging new construction [13][14] - Tariffs and their potential negative effects on the market are a concern, but the impact may be less severe than initially feared [8]

New home sales data out last hour. The number came in at 652,000 for the month of July. Stronger than expected, but still it's an 8.2% decline yearon year.A trend our next guest says benefits the rental market in particular because high home prices are sending more Americans looking for alternative options. Joining us now with his outlook, Invitation Home CEO Dallas Tanner. Dallas, it's good to talk to you today.All right. So, you have these new homes start that are are it looks it looks great. It looks lik ...

Market Trends & Dynamics - The housing market is experiencing a slowdown, with home sales at the slowest summer pace in a decade [1] - This slowdown is attributed to higher buying costs and economic uncertainty, prompting homeowners, especially seniors, to stay put [1] - Existing home sales are projected to be the worst in over 25 years due to high prices, high rates, and seniors not moving [10] - A significant portion (60%) of US homes are owned by seniors, contributing to the "stuck" real estate market [9] Home Equity Lines of Credit (HELOC) - Home equity lines of credit (HELOC) have reversed a 17-year shrinking trend and are now the fastest-growing consumer loan category [3][4] - The HELOC market has grown from approximately $200 billion to $250 billion after bottoming out [4] - Private credit firms are actively pursuing HELOCs, with over $42 billion in reported forward purchase agreements for home equity and personal loans, potentially double that amount unreported [5][6] - 41% of all home equity debt is held by seniors, up from 17% in 2000 [11][12] Company Performance & Opportunities - Rocket Companies' home equity business is up over 70% from last year [6] - Mr Cooper's home equity activity is more than double last year [6] - SoFi is experiencing strong growth in its home equity and personal loan businesses, with over $12 billion in forward purchase agreements [7][8] - Home Depot reported strong earnings, indicating homeowners are undertaking renovations by tapping into their home equity [17] Risk Assessment & Consumer Behavior - Home equity loans are currently a relatively cheap form of debt, second only to mortgages [14] - Loan-to-value ratios are significantly lower than during the last housing crisis, averaging just over 20% compared to over 50% [15] - Seniors are tapping into home equity to offset rising homeownership costs, such as property insurance (up over 70% in the last 5 years) and property taxes [12][13] - Increased HELOC usage may be impacting credit card growth, with subprime credit card issuers potentially facing revenue challenges [20][21]

Welcome back. We're watching some big moves in the housing space. Diana Olic is here with more on that.Hi, Diana. Hey, Mike. Yeah, for builders, it's all about the mortgage rates. And today, it's the potential for even lower mortgage rates that has the stocks rallying.The average rate on the 30-year fix fell to 65.55% this morning, according to Mortgage News Daily. That's the lowest since October. Now, it has been on the lower side all month, but really struggling to break out over the last few weeks.Today' ...

Trying to decide whether it’s better to buy now, or if mortgage rates will drop later this year or in 2026? Forecasts from six experts offer some insights. https://t.co/J6G2kLvw3R ...

Mortgage Rate Trends - US mortgage rates remained stable after a four-week decline [1] - The average rate for 30-year fixed loans in the US was 6.58%, holding steady from the previous week [1]

Core Insights - Freddie Mac's Primary Mortgage Market Survey indicates that the 30-year fixed-rate mortgage (FRM) averaged 6.58% as of August 21, 2025, remaining unchanged from the previous week [1][5] - The 30-year FRM has increased from 6.46% a year ago, while the 15-year FRM averaged 5.69%, slightly down from 5.71% last week [5] - The survey highlights that purchase applications are outpacing those from 2024, although many homebuyers are still waiting for further rate decreases [1] Mortgage Rate Trends - The 30-year FRM has remained flat this week at 6.58% [1][5] - The 15-year FRM has decreased to 5.69% from 5.71% the previous week [5] - Year-over-year comparison shows the 30-year FRM increased from 6.46% and the 15-year FRM increased from 5.62% [5] Freddie Mac's Mission - Freddie Mac aims to enhance liquidity, stability, and affordability in the housing market across various economic cycles [3] - Since its inception in 1970, Freddie Mac has assisted millions of families in buying, renting, or maintaining their homes [3]

Mike, it's great to see you. So, a little bit of good, a little bit of bad here. The stock is going up.What was your read on the numbers. Yeah, the the miss was really small. Uh, you know, the same sort of sales missed by like 10 basis points and it was the best comp that they've had in about two years.A lot of the underlying metrics are showing, you know, better demand, not where we were, you know, many years ago during the pandemic, but but certainly a lot better than the post-pandemic era. And again, the ...