Mortgage rates reached another new low for 2025 on Thursday morning after a weak ADP jobs report caused bond yields to dip slightly ahead of the significant jobs report that will be released on Friday. Current 30-year fixed mortgage rates are at 6.45% according to Mortgage News Daily, marking an 11-month low. Mortgage rates reached […]
Mortgage rates drop to 11-month low after weak ADP jobs print Read More »
For years, doom-and-gloom headlines have hyped a looming “housing crash.” But the data, demographics, and long-term trends tell a very different story. The United States isn’t teetering on the edge of collapse — it’s standing at the threshold of what we are calling a 25-year surge: a generational housing boom unlike anything we’ve seen before.
The 25-year housing surge and why the boom is just beginning Read More »
Mortgage rates decreased slightly on Wednesday morning to a year-to-date low of 6.49% after the job openings data came in below expectations. The key takeaway from this BLS report is that we now have more unemployed workers than job openings. This is significant because the Federal Reserve has traditionally valued job openings data and has
Mortgage rates hit a new 2025 low after soft job openings report Read More »
The U.S. economy may be closer to recession than the Trump administration acknowledges, with housing and construction poised to feel the pinch first, according to Mark Zandi, chief economist at Moody’s Analytics. In an interview with Newsweek, Zandi said his biggest fear, one he has warned about for months, is now materializing — a cascade
Moody’s economist warns of recession, housing market risk Read More »
Have lower mortgage rates altered the dynamics of the housing market based on our data? Now that August has come to an end, it’s clear that they have — and the results have surprised me. In recent years, it has typically taken sustained mortgage rates of around 6% to impact housing data. However, I noticed
Lower mortgage rates pushed inventory lower in August Read More »
Homeownership has long been seen as a marker of stability and success. But for many in Generation Z — the youngest group entering the housing market — that dream feels increasingly out of reach. Rising mortgage rates, high home prices, student debt and career uncertainty are reshaping what housing looks like for this generation —
Gen Z offers its thoughts on the renter vs. homeowner debate Read More »
Buyers are pulling out of purchase contracts at an alarming rate — reaching an eight-year high in July. HousingWire spoke to several lenders about how they are tackling the problem on the front end to prevent contracts from going south. Experts say the surge in collapsed deals stems from soaring home prices, steep borrowing costs
What mortgage lenders are doing to limit contract cancellations Read More »
Americans are sharply divided over the nation’s economic outlook, interest rates and the housing market, according to a new survey from Realtor.com. The poll found 42% of respondents expect the economy to worsen in the next 12 months. That view was strongest among baby boomers — with half predicting a downturn — compared with 31%
Survey finds generational divide on economy, housing market Read More »
Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday. Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, however, pending home sales were up 0.7%. An
Pending home sales show slight annual gain in July Read More »
As the nationwide housing inventory and affordability crisis persists, a trio of experts sit down with HousingWire to detail proposed solutions. The solve? It’s multi-faceted and it comes down to fixing supply issues, changing zoning and updating regulation. Kent Colton, president of the Colton Housing Group and former CEO of the National Association of Home
Experts offer multi-faceted solutions to the housing supply shortage Read More »