Mortgage Rates Edge Up Again
Rates on 30-year mortgages ticked up to 6.26% from 6.24% last week, while borrowing costs on 15-year mortgages averaged 5.54%, up from 5.49% last week.
More Buyers Confident in Purchases
Only 8% of recent buyers feel they overpaid, down from 15% in 2023. Realtor.com said today’s slower market is giving shoppers more time to make deliberate decisions.
Age-Friendly Home Upgrades With Style
With more Americans planning to age in place, demand is rising for warm, unobtrusive accessibility upgrades. Buyers increasingly want stylish, age-ready home features.
Fla.’s Oct. Housing: Sales, Supply Up; Prices Ease
Florida Realtors Chief Economist: Positive trends over the past months appear to be continuing, even considering the disruption caused by last fall’s two hurricanes.
NAR: Existing-Home Sales Show October Increase
Buyers took advantage of lower mortgage rates, lifting sales and pushing prices higher for the 28th straight month as supply edged down.
RE Firms Face Affordability, Costs Pressures
NAR’s 2025 Profile of Real Estate Firms finds most are concerned about housing affordability and rising business costs, even as more expect stronger profitability.
Holiday Hosting Shapes Home Choices
More than half of U.S. adults say Thanksgiving hosting influenced their latest home search, with Gen Z and millennials most likely to prioritize big kitchens and gathering space.
Fed Split Clouds December Rate Decision
A sharp divide among Fed officials has made a December rate cut uncertain, which could ultimately influence mortgage rates and keep borrowing costs elevated.
Americans Hopeful Amid Economic Challenges
FAU’s latest poll shows 80% of Americans are concerned about housing costs, yet many remain hopeful about future opportunities despite rising everyday expenses.
Easy Ways to Make On-Time Mortgage Payments
Homeowners have several ways to stay current on mortgage payments, from online portals to mail or phone. Extra payments can also shorten the loan term.