Real Estate News Feed
Mortgage Rates Tumble
Thu, 04 Sep 2025 16:14:28 GMT
Mortgage rates continue to trend down with the 30-year FRM down to 6.50% and the 15-year FRM down to 5.6%. A year ago at this time, the 30-year FRM averaged 6.35%.
Jobless Claims Expand
Thu, 04 Sep 2025 14:41:59 GMT
In the week ending August 30, the advance figure for seasonally adjusted initial claims grew to 237,000, up 8,000 from last week.
Service Sector Regains Speed
Thu, 04 Sep 2025 14:41:15 GMT
The services sector picked up in August, but employment remained subdued as labor market conditions ease, according to a report from the Institute for Supply Management (ISM).
Mortgage Applications Soften
Wed, 03 Sep 2025 14:49:14 GMT
Mortgage applications drop 1.2% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 29, 2025.
Fed Still Concerned About Inflation
Wed, 03 Sep 2025 14:48:38 GMT
High inflation remains the U.S. Federal Reserve's main risk, though evidence of a weaker labor market still likely warrants a single quarter-point rate cut this year, Atlanta Fed President Raphael Bostic said on Wednesday.
Homeownership Stops Growing
Wed, 03 Sep 2025 14:48:02 GMT
The number of homeowner households fell 0.1% year over year in the second quarter—a small decline, but the first since 2016.