Fed Leaves Key Interest Rate Unchanged
Federal Reserve officials expect inflation to rise but still anticipate two interest rate cuts by the year’s end. Interest rates impact mortgage rates.
Mortgage Rates See Third Weekly Decline
Rates on 30-year mortgages fell to 6.81% from 6.84% last week, while 15-year mortgage rates eased to 5.96% from 5.97%, mortgage buyer Freddie Mac said.
May Housing Starts Dip as Multifamily Slows
Housing starts fell 9.8% in May, driven by a sharp drop in multifamily construction, while single-family starts were mostly flat amid ongoing market pressures.
New Home Purchase Mortgage Apps Down in May
New home purchase mortgage applications fell 4.5% year-over-year in May, with estimated sales down 12.1% from April, the MBA said.
How Much House Can I Afford?
Before you start house hunting, use tools and formulas to estimate how much house you can afford.
Easy Furniture Updates To Get Guest-Ready
Simple furniture swaps, like a new chair, bench or coffee table, can refresh a home for summer guests and gatherings with no renovations needed.
2025 Legislative Session Ends with $115B Budget
New laws boost housing, end the business rent tax, strengthen property rights and improve condo transparency. Some measures still await the governor’s signature.
Builder Sentiment Down, Price Cuts Increase
Builder confidence eased in June, but increased price incentives reflect efforts to make homes more affordable and attract buyers in today’s market.
Buyer-Seller Gap Widens in Housing Market
Sellers outnumber buyers by 500K nationwide, the widest gap in over a decade, as listings rise and buyers remain cautious amid high mortgage rates.
Paint Colors to Boost a Home’s Sales Price
New research shows dark olive green and rich navy blue are the value-boosting colors of 2025. Buyers prefer dark shades of green, blue and gray.