Real Estate News Feed
Refi Dilemma
Fri, 27 Feb 2026 16:05:40 GMT
For the first time in five years, more U.S. homeowners have a mortgage rate above 6% than a rate below 3%.
Inflation Rising
Fri, 27 Feb 2026 16:05:01 GMT
The U.S. PPI inflation has come in way above expectations, signaling that inflation may be on the rise.
Construction Spending Rose In December
Fri, 27 Feb 2026 16:04:17 GMT
Construction spending during December 2025 was estimated at a seasonally adjusted annual rate of $2,168.8 billion, 0.3% above the November estimate of $2,163.1 billion, according to the U.S. Census Bureau.
Mortgage Rates Hit New Low
Thu, 26 Feb 2026 18:32:32 GMT
As of February 26, The 30-year FRM averaged 5.98% while the 15-year averaged 5.44%. A year ago at this time, the 30-year FRM averaged 6.76%.
Jobless Claims Increase Marginally
Thu, 26 Feb 2026 16:17:28 GMT
The number of Americans filing new applications for jobless benefits increased marginally last week and the unemployment rate appeared to hold steady in February amid a stable labor market.
Mortgage Rates Drop
Wed, 25 Feb 2026 16:15:10 GMT
The contract rate on a 30-year mortgage dropped 8 basis points to 6.09% in the week ended Feb. 20, according to Mortgage Bankers Association.