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Housing Market

Mortgage rates steady near 6.15% as oil and jobs data pose risks

Bright MLS, Coldwell Banker, Data & Visuals, Existing home sales, Federal Reserve, Housing Market, HWmember, Mortgage Bankers Association, Mortgage Rates, Mortgage Rates Center, Zillow /

After spiking last week, mortgage rates remained relatively stable this week. But the question for housing market professionals is whether the brisk spring homebuying season that was anticipated at the start of 2026 will actually materialize due to rising headwinds. Mortgage News Daily reported Monday that 30-year fixed rates averaged 6.14%, their highest level in […]

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Existing-home sales up in February, market faces spring challenges

Bright MLS, Existing home sales, Housing Market, HWmember, Lawrence Yun, Mortgage Rates, National Association of Realtors, Real Estate /

U.S. existing-home sales rose slightly in February, increasing 1.7% from the previous month, though activity remained lower than a year earlier, according to new data released Tuesday by the National Association of Realtors (NAR). The organization reported sales reaching a seasonally adjusted annual rate of 4.09 million in February. Compared with the same month last

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How will rising oil prices impact the U.S. housing market?

Federal Reserve, Housing Market, HWmember, Mortgage Rates /

As we enter another week of the Iran conflict, the question now is what will this do to the economy, but for this article, we want to focus specifically on what this conflict means for the U.S. housing market. There are currently two sides to this discussion. One camp believes the economy is still expanding

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Housing demand is up and inventory is down, even with Iran conflict

Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Purchase Applications /

In the crazy world of economics, with all the drama last week, it was a pretty normal housing week. Housing data showed year-over-year growth, weekly pending home sales rose, inventory declined slightly and mortgage rates were very steady, considering the conflict with Iran. Let’s take a look at probably the calmest sector in the economy

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Negative jobs report keeps mortgage rates calm amid surging oil prices 

Federal Reserve, Housing Market, HWmember, Jobs Report /

Oil prices are surging and mortgage rates are roughly flat so far today. It has been a crazy day in the bond market: the 10-year yield first went lower after the jobs report, then Trump posted that the goal in Iran is “ultimate surrender,” which sent the 10-year yield higher with oil prices over $90.

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Job market softens as US payrolls fall by 92K in February

Bureau of Labor Statistics, Federal Reserve, Housing Market, HWmember, Inflation, Jobs Report, Mortgage, Mortgage Rates, Unemployment /

In a sign of a still-softening labor market, U.S. employers eliminated 92,000 nonfarm payroll jobs in February, according to data released Friday by the U.S. Bureau of Labor Statistics (BLS). Economists say the report is unlikely to change the Federal Reserve’s stance on interest rates. Meanwhile, the jobs numbers for December 2025 were downwardly revised

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Democrats propose bill targeting corporate housing tax breaks

Affordability, Affordable housing, Democratic Party, Elizabeth Warren, Housing Market, HWmember, Institutional investors, Legislation, Senate /

Senate Democrats, led by Elizabeth Warren of Massachusetts and Jeff Merkley of Oregon, last week unveiled legislation aimed at curbing corporate ownership of single-family homes and redirecting federal tax benefits toward affordable housing development. The bill, known as the American Homeownership Act, would eliminate major tax breaks and other federal housing benefits for private equity

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Colony Ridge settlement faces court challenge in Texas

CFPB, Department of Justice, Fair Lending, Hispanic homeownership, Housing Market, HWmember, Lawsuit, Legal, Regulatory /

Fair housing and immigrant advocacy groups are urging a federal court in Texas to reject a proposed settlement between Colony Ridge Development LLC and federal agencies over alleged predatory lending practices. The groups say that key provisions of the agreement are “unlawful, unnecessary and unrelated to the underlying case.” Under the proposed terms, Colony Ridge

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Will war with Iran send mortgage rates higher or lower?

Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Purchase Applications /

Spring is right around the corner and mortgage rates are already under 6%, but now we have a new variable: war with Iran. Now the question is whether the conflict in Iran will send rates lower or higher before the seasonal push in housing comes.  Last week was already interesting as the 10-year yield closed

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Capital One joins BPC housing affordability council

Affordability, Affordable housing, Bipartisan Policy Center, Capital One, Housing Market, HWmember, Mortgage /

The Bipartisan Policy Center (BPC) has added Capital One to its Executive Council for Housing Affordability, a group of private-sector leaders focused on expanding access to affordable housing. Gina Metrakas, vice president and head of federal advocacy at Capital One, will represent the company on the council. Metrakas previously held senior leadership roles at the

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