Weekly Housing Headlines

Mortgage rates fell for the first time in three weeks to 6.65%; home-price growth accelerated slightly in January as buyers fought over tight supply; pending home sales improved by 2.0% in February; mortgage applications remain flat; monthly housing payments hit an all-time high of $2,807 during the four weeks ending March 23; and the spring housing market is starting to warm up as more homeowners put their properties up for sale and inventory levels continue to build.

Mortgage Rates Tick Down, Sending 30-Year Average To 6.65%
Financial Advisor - 3/27/2025
Mortgage rates in the U.S. fell for the first time in three weeks. The average for 30-year loans was 6.65%, down from 6.67% last week, Freddie Mac said in a statement.

Home-Price Gains Pick Up In January, Fueled By Tight Supply
Financial Advisor - 3/25/2025
Home-price growth in the U.S. accelerated slightly in January as buyers fought over a tight supply of listings on the market. A national gauge of prices rose 4.1% from a year earlier, according to data from S&P CoreLogic Case-Shiller.

February pending home sales up slightly from estimates
CNBC - 3/27/2025
CNBC’s Diana Olick joins ‘Squawk on the Street’ to report on the latest news regarding the housing market, including pending home sales improving by 2.0% in February according to the National Association of REALTORS.

Weekly Housing Trends View — Data for Week Ending March 22, 2025
Realtor.com - 3/27/2025
The spring housing market is starting to warm up, with more homeowners putting their properties up for sale and inventory levels continuing to build.

Mortgage Application Payments Remain Flat in February
Mortgage Bankers Association - 3/27/2025
Homebuyer affordability remained flat in February with the national median payment applied for by purchase applicants remaining unchanged at $2,205 in February.

Redfin Reports Monthly Housing Payments Hit All-Time High
Redfin - 3/27/2025
The typical U.S. homebuyer’s monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier.

Consumers Are Placing Greater Value on Their Homes
MortgagePoint - 3/21/2025
With rising home prices and shifting priorities, a recent National Housing Survey from Fannie Mae reveals that consumers now value their homes in ways that go beyond financial investment.

Lower mortgage rates help push new-home sales higher
Mortgage Professional America - 3/25/2025
Single-family home sales jumped 1.8% to a seasonally adjusted annual rate of 676,000, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau released Tuesday.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 3/26/2025
Mortgage applications decreased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 21, 2025.

Half Of Renters Give Up On Buying
National Mortgage Professional - 3/24/2025
Nearly half of all renters responding to a new survey said the roadblocks in their way of buying a house — high prices, high loan costs and a tight inventory of homes for sale — are just too great to overcome.