Real Estate News Feed
All Cash
Fri, 17 Oct 2025 14:50:41 GMT
29% of U.S. homebuyers are paying in cash, essentially unchanged from last year and down from a peak of nearly 35% two years ago due to declining mortgage rates. Largest down payments are in Florida and Southern California.
Shutdown: No End In Sight
Fri, 17 Oct 2025 14:49:50 GMT
The government shutdown entered its 17th day Friday with no end in sight, tying it for the third-longest federal work stoppage in US history.
Mortgage Rates Inch Down
Thu, 16 Oct 2025 16:27:16 GMT
Mortgage rates inched down this week and have held relatively steady over the past several weeks. The 30-year FRM averaged 6.27% while the 15-year averaged 5.52%. A year ago at this time, the 30-year FRM averaged 6.44%.
California Home Sales Rebound
Thu, 16 Oct 2025 16:27:16 GMT
Existing, single-family home sales totaled 277,410 in September on a seasonally adjusted annualized rate, up 5 percent from 264,240 in August and up 6.6 percent from 260,340 in September 2024.
Builder Confidence Grows
Thu, 16 Oct 2025 16:26:31 GMT
Confidence among US homebuilders rose this month by the most since early 2024, boosted by lower mortgage rates that are chipping away at the nation's affordability problem.
Mortgage Applications Up
Thu, 16 Oct 2025 16:25:51 GMT
The Mortgage Bankes Association reports mortgage applications for new home purchases increased 2.0 percent in September compared from a year ago.