Mortgage rates decreased slightly on Wednesday morning to a year-to-date low of 6.49% after the job openings data came in below expectations. The key takeaway from this BLS report is that we now have more unemployed workers than job openings. This is significant because the Federal Reserve has traditionally valued job openings data and has […]
Mortgage rates hit a new 2025 low after soft job openings report Read More »
The 30-year Treasury bond’s yield rose to nearly 5% for the first time since July, underscoring investor concerns about US fiscal trends and elevated inflation. The US 30-year yield climbed as much as four basis points to 4.999% on Wednesday before stabilizing, mirroring similar moves in the UK and Japan, where a deepening selloff pushed borrowing costs to the
US treasury yields brush with 5% as global borrowing costs mount Read More »
Have lower mortgage rates altered the dynamics of the housing market based on our data? Now that August has come to an end, it’s clear that they have — and the results have surprised me. In recent years, it has typically taken sustained mortgage rates of around 6% to impact housing data. However, I noticed
Lower mortgage rates pushed inventory lower in August Read More »
Homeownership has long been seen as a marker of stability and success. But for many in Generation Z — the youngest group entering the housing market — that dream feels increasingly out of reach. Rising mortgage rates, high home prices, student debt and career uncertainty are reshaping what housing looks like for this generation —
Gen Z offers its thoughts on the renter vs. homeowner debate Read More »
Americans are sharply divided over the nation’s economic outlook, interest rates and the housing market, according to a new survey from Realtor.com. The poll found 42% of respondents expect the economy to worsen in the next 12 months. That view was strongest among baby boomers — with half predicting a downturn — compared with 31%
Survey finds generational divide on economy, housing market Read More »
Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday. Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, however, pending home sales were up 0.7%. An
Pending home sales show slight annual gain in July Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. Federal Reserve Board chairman Jerome Powell’s apparent pivot, widely seen as telegraphing a short-term rate cut in September, helped drive mortgage rates. However, the decline on the 30-year fixed rate mortgage was a mere 2 basis points, to 6.56% as of Aug.
Mortgage rates hit 10-month low as Powell hints at Fed cut Read More »
Adjustable-rate mortgages (ARMs) often get more attention when rates climb, but don’t fool yourself: their actual footprint in the U.S. housing market remains modest. Since a Zero Hedge tweet saying that ARM loans now make up 41% of mortgages held by U.S. banks went viral on Sunday night, the mortgage community has been abuzz with
ARMs remain a small share of mortgage loans despite viral 41% claim Read More »
Homeowners who bought in 2025 with the expectation of refinancing may not see savings unless interest rates fall by at least 0.75 percentage points, according to a report released this week by Neighbors Bank. The national analysis modeled typical refinance scenarios across all 50 states using a 30-year fixed-rate mortgage of 6.8%, an average loan
This year’s homebuyers need larger rate drops for refi benefits Read More »
Mortgage rates hit a new low today for 2025, despite President Trump’s attempt to fire Fed Governor Lisa Cook on Monday, which many said would drive up bond yields and mortgage rates this week. I completely understand that this is a complex and confusing topic. On today’s episode of the HousingWire Daily podcast, I discuss
Mortgage rates hit a new year-to-date low, despite Fed drama Read More »