Mortgage Rates Edge Up Again

Mortgage Rates Edge Up Again

By Alex Veiga Rates on 30-year mortgages ticked up to 6.26% from 6.24% last week, while borrowing costs on 15-year mortgages averaged 5.54%, up from 5.49% last week. WASHINGTON — The average rate on a 30-year U.S. mortgage edged higher for the third week in a row,...
Fla.’s Oct. Housing: Sales, Supply Up; Prices Ease

Fla.’s Oct. Housing: Sales, Supply Up; Prices Ease

By Marla Martin Florida Realtors Chief Economist: Positive trends over the past months appear to be continuing, even considering the disruption caused by last fall’s two hurricanes. ORLANDO, Fla. — Florida’s housing market in October reported more closed sales, an...
NAR: Existing-Home Sales Show October Increase

NAR: Existing-Home Sales Show October Increase

Buyers took advantage of lower mortgage rates, lifting sales and pushing prices higher for the 28th straight month as supply edged down. WASHINGTON — Existing-home sales increased by 1.2% in October, according to the National Association of Realtors® Existing-Home...
RE Firms Face Affordability, Costs Pressures

RE Firms Face Affordability, Costs Pressures

NAR’s 2025 Profile of Real Estate Firms finds most are concerned about housing affordability and rising business costs, even as more expect stronger profitability. CHICAGO – Real estate firms are bracing for continued challenges related to housing affordability and...
Holiday Hosting Shapes Home Choices

Holiday Hosting Shapes Home Choices

More than half of U.S. adults say Thanksgiving hosting influenced their latest home search, with Gen Z and millennials most likely to prioritize big kitchens and gathering space. AUSTIN, Texas – When it comes to finding the perfect home, many Americans are thinking...
Fed Split Clouds December Rate Decision

Fed Split Clouds December Rate Decision

By Christopher Rugaber A sharp divide among Fed officials has made a December rate cut uncertain, which could ultimately influence mortgage rates and keep borrowing costs elevated. WASHINGTON — What was once seen as a near-certain cut in interest rates next month now...