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Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low; sales of previously owned homes rose very slightly in May, up 0.8% from April; mortgage applications increased 1.1% from one week earlier; pending home sales increased by 1.8% in May from the prior month and 1.1% year-over-year; and Fannie Mae lowered its home sales forecast for 2025.

New-Home Sales Drop By Most Since 2022 On Poor Affordability
Financial Advisor - 6/25/2025
Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates in a Bloomberg survey.

May home sales increase very slightly, but prices hit another record high
CNBC - 6/23/2025
Sales of previously owned homes rose very slightly in May, up 0.8% from April, to a seasonally adjusted, annualized rate of 4.03 million units, according to the National Association of Realtors.

Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage Bankers Association - 6/25/2025
Mortgage applications increased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 20, 2025.

S&P CoreLogic Case-Shiller Index Posts 2.7% Annual Gain for April 2025
Realtor.com - 6/24/2025
The S&P CoreLogic Case-Shiller Index increased 2.7% year-over-year in April. This is a slight decline from the March 2025 reading and the slowest annual gain since mid-2023.

Pending home sales May +1.1% year-over-year
CNBC - 6/26/2025
Pending home sales increased by 1.8% in May from the prior month and 1.1% year-over-year, according to the National Association of REALTORS Pending Home Sales report. CNBC’s Diana Olick joins ‘Squawk on the Street’ to discuss.

FHFA House Price Index Down 0.4 Percent in April; Up 3.0 Percent from Last Year
FHFA - 6/24/2025
U.S. house prices fell 0.4 percent in April, according to the U.S. Federal Housing seasonally adjusted monthly House Price Index. House prices rose 3.0 percent from April 2024 to April 2025.

Fannie Mae lowers home sales forecast
Mortgage Professional America - 6/24/2025
Fannie Mae’s Economic and Strategic Research Group has lowered its forecast for U.S. existing single-family home sales in 2025 to 4.14 million units, down from the 4.24 million units projected in the previous month’s outlook.

Report: Housing crisis deepens as affordability reaches new lows
Mortgage Professional America - 6/25/2025
A new report from Harvard’s Joint Center for Housing Studies reveals the U.S. housing market faces unprecedented challenges, with record-high levels of unaffordability and declining homeownership rates threatening millions.

Redfin Reports U.S. Home Prices Hit All-Time High
Redfin - 6/20/2025
The median U.S. home-sale price hit a record $396,500 during the four weeks ending June 15, up 1% year over year, according to a new report from Redfin.

Mortgage Application Payments Increase in May
Mortgage Bankers Association - 6/26/2025
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211 from $2,186 in April.

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May new home purchase mortgage applications decreased 4.5%; mortgage rates fell for the third straight week, slipping to 6.81%; mortgage applications decreased 2.6% from one week earlier; U.S. home prices are expected to grow by an average of 2.9% in 2025 and 2.8% next year; and home affordability is seen as “historically low” following five years of punishing price increases.

May New Home Purchase Mortgage Applications Decreased 4.5 Percent
Mortgage Bankers Association - 6/17/2025
Economic uncertainty, rising mortgage rates, and increasing competition from growing existing-home sales inventory likely dampened overall demand for new home purchases in May.

Mortgage Rates In U.S. Fall For A Third Week, Slipping To 6.81%
Financial Advisor - 6/18/2025
Mortgage rates in the U.S. dropped for a third week, sliding to the lowest level since the middle of May. The average for 30-year, fixed loans was 6.81%, down from 6.84% last week, Freddie Mac said in a statement.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 6/18/2025
Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 13, 2025.

Weekly Housing Trends: Latest as of June 14
Realtor.com - 6/18/2025
This week, we see a continuation of recent trends: new listings are rising, inventory is rebounding, and prices are holding steady — making today’s market more buyer-friendly than a year ago.

Sharp Drop in Multifamily Production Brings Overall Housing Starts Down
Eye On Housing - 6/18/2025
Overall housing starts decreased 9.8% in May to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Home price growth expected to ebb through 2026: Fannie Mae expert panel
Scotsman Guide - 6/13/2025
U.S. home prices are expected to grow by an average of 2.9% in 2025 and 2.8% next year, according to a panel of experts polled by Fannie Mae.

Home Affordability Is ‘Historically Low,’ Says JPMorganChase
Realtor.com - 6/17/2025
Home affordability is "historically low" following five years of punishing price increases, according to a new report on the housing crisis from JPMorganChase Institute researchers.

U.S. multifamily market posts strongest Q1 since 2000
Mortgage Professional America - 6/17/2025
In the first quarter of 2025, multifamily net absorption reached 100,600 units, the highest first-quarter total since 2000, and more than triple the pre-pandemic average, according to CBRE’s latest research.

Why the housing market is so stuck, in 4 charts
Yahoo Finance - 6/19/2025
Yahoo Finance compiled charts that illustrate how quickly the housing market shifted in the last five years, and why it’s at a standstill now.

Household Real Estate Asset Value Falls to Start the Year
Eye On Housing - 6/13/2025
The market value of household real estate assets fell from $48.1 trillion to $47.9 trillion in the first quarter of 2025, according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts.

Mortgage applications increased 12.5% from one week earlier; mortgage credit availability increased to its highest level since August 2022; mortgage activity dropped 14% in Q1 2025; U.S. homeowners with mortgages saw home equity increase by $115 billion since Q1 2024; U.S. house prices rose 4.7% in Q1 2025, compared to Q1 2024; roughly 74% of consumers said it’s a bad time to buy a house; and 30% of recent homebuyers say they feel financially overwhelmed.

Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage Bankers Association - 6/11/2025
Mortgage applications increased 12.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 6, 2025.

Mortgage Credit Availability Increased in May
Mortgage Bankers Association - 6/10/2025
Credit supply increased to its highest level since August 2022, driven by growth in the supply of both conventional and government loans, as lenders offered a greater variety of loan types to support the spring homebuying season.

U.S. mortgage activity drops 14% in Q1 2025
Mortgage Professional America - 6/10/2025
The U.S. residential mortgage market experienced a significant downturn in the first quarter of 2025, largely driven by a sharp decline in home purchase loans, according to a report by ATTOM.

Cotality: Annual Home Equity Declines $4.2K on Average as US Home Price Appreciation Slows
Cotality - 6/12/2025
U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by $115 billion since the first quarter of 2024, a gain of 0.7% year over year, bringing the total net borrower equity to over $17.3 trillion in the first quarter of 2025.

House Price Appreciation by State and Metro Area: First Quarter 2025
Eye On Housing - 6/10/2025
Nationally, according to the quarterly all-transactions House Price Index released by the Federal Housing Finance Agency, U.S. house prices rose 4.7% in the first quarter of 2025, compared to the first quarter of 2024.

Nearly 75% of consumers think it’s a bad time to buy a house: Fannie Mae
Scotsman Guide - 6/9/2025
About 74% of consumers said it’s a bad time to buy a house, according to Fannie Mae’s national housing survey conducted in May. That’s an improvement from April, when 77% of respondents said the timing was poor.

Nearly A Third Of Home Buyers 'Overwhelmed' By Their Purchase
Financial Advisor - 6/12/2025
Thirty percent of recent homebuyers feel financially overwhelmed since purchasing their home, and nearly 23% say their overall financial health has deteriorated, according to the 2025 American Home Buyer Report.

Weekly Housing Trends View — Data for Week Ending June 7, 2025
Realtor.com - 6/12/2025
This summer is starting off with rising inventory, easing competition and relatively steady prices — creating a more buyer-friendly market compared to last year.

Redfin Reports Just 28% of Homes Are Selling Above Asking Price, The Lowest Springtime Level Since 2020
Redfin - 6/12/2025
Pending home sales are down 1% year over year while new listings are still rising, giving buyers negotiating power, according to a new report from Redfin.

High-end home sales soar despite inflation, climbing interest rates
Mortgage Professional America - 6/9/2025
According to a Wall Street Journal report, U.S. home sales priced at $10 million or more have surged in several markets since February. This uptick comes despite high interest rates, persistent inflation and ongoing recession concerns.

Mortgage rates dropped for the first time in more than a month; mortgage applications decreased 3.9% from one week earlier; year-over-year price growth slowed to 2% in April; May boasted a new post-pandemic high in for-sale inventory; Redfin projects that U.S. home prices will fall 1% year over year by the end of 2025; and many prospective homebuyers remain sidelined due to near-record costs and economic uncertainty.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 6/4/2025
Mortgage applications decreased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 30, 2025.

Mortgage Rates Drop For First Time In More Than A Month
Financial Advisor - 6/5/2025
Mortgage rates in the U.S. slipped for the first time since early May. The average for 30-year, fixed loans was 6.85%, down from 6.89% last week, according to Freddie Mac.

U.S. home price insights — June 2025
Cotality - 6/3/2025
Year-over-year price growth slowed to 2.0% in April 2025, with single-family detached homes still growing at 2.46% annual rate while single-family attached homes posted a 0.08% decline — the first annual decline since 2012.

Weekly Housing Trends View — Data for Week Ending May 31, 2025
Realtor.com - 6/5/2025
As a whole, May boasted a new post-pandemic high in for-sale inventory, driven by large inventory gains in the West (+40.7% YoY) and the South (+32.9% YoY).

Where Gen Z Homebuyers Are Heading, And Where They’re Choosing Not To Even Look
National Mortgage Professional - 6/3/2025
A new report from LendingTree shows metros where younger buyers are looking to purchase, and reveals disparities in credit score and down payments.

Mortgage rates expected to remain elevated for remainder of year – survey
Mortgage Professional America - 6/3/2025
While home price growth is expected to moderate, interest rates are forecasted to remain higher than previously expected, according to a Reuters survey of property experts released Tuesday.

What could cause U.S. home prices to fall?
Mortgage Professional America - 5/30/2025
Redfin projects that US home prices will fall 1% year over year by the end of 2025, citing a record-high gap between the number of sellers and buyers as the primary driver behind its forecast.

Stubborn mortgage rates stall U.S. housing recovery, says NAR's Yun
Mortgage Professional America - 6/4/2025
Lawrence Yun, chief economist for the National Association of Realtors, recently offered an outlook on the real estate landscape, highlighting both current challenges and signs of potential recovery.

This Is How Much Your Home Is Worth in Gold — as Florida Recognizes 2 Precious Metals as Legal Tender
Realtor.com - 6/4/2025
Gov. Ron DeSantis on May 27 signed a bill into law to recognize gold and silver coins in payments in the Sunshine State, making Florida one of a dozen states to move in that direction, including Louisiana, Texas and Utah.

Redfin Reports Some Would-Be Home Sellers Are Stepping Back as Market Tilts Toward Buyers
Redfin - 6/5/2025
Many prospective homebuyers are sidelined by near-record costs and economic uncertainty, creating a buyer’s market in many parts of the country. That’s deterring some would-be sellers.

Pending home sales declined 6.3% in April; Mortgage applications decreased 1.2% from one week earlier; U.S. house prices rose 4.0% between the first quarter of 2024 and the first quarter of 2025; homebuyer affordability declined slightly in April; a new report found that there were nearly 500,000 more home sellers in the market than buyers as of April – the largest margin in 12 years; and as spring comes to a close, the season is ending with signs of a more favorable market for buyers.

Pending Home Sales Declined 6.3% in April
National Association of Realtors - 5/29/2025
Year-over-year, contract signings ascended in the Midwest. Conversely, the Northeast, South and West reduced – with the biggest downswing in the West, followed by the South.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 5/28/2025
Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 23, 2025.

U.S. House Prices Rise 4.0 Percent over the Prior Year; Up 0.7 Percent from the Fourth Quarter of 2024
FHFA - 5/27/2025
U.S. house prices rose 4.0 percent between the first quarter of 2024 and the first quarter of 2025, according to the U.S. Federal Housing House Price Index.

Mortgage Application Payments Increase in April
Mortgage Bankers Association - 5/29/2025
Homebuyer affordability declined slightly in April, with the national median payment applied for by purchase applicants increasing to $2,186 from $2,173 in March.

Home sellers now outnumber buyers by largest margin in 12 years, report finds
CNN Business - 5/29/2025
A new report from Redfin found that there were nearly 500,000 more home sellers in the market than buyers as of April, the largest gap between the two groups since Redfin began compiling the data in 2013.

Weekly Housing Trends View — Data for Week Ending May 24, 2025
Realtor.com - 5/29/2025
As spring comes to a close, the season is ending with signs of a more favorable market for buyers — more inventory, slower competition, and relatively steady prices.

Slight affordability gains offer little relief for low-income homebuyers
Mortgage Professional America - 5/27/2025
The latest Cost of Housing Index revealed that in Q1 2025, a family earning the national median income of $104,200 needed 36% of that income to afford mortgage payments on a median-priced new home, which cost $416,900.

The Rise In U.S. Home Prices Slowed In March As Buyers Pulled Back
Financial Advisor - 5/27/2025
A national gauge of prices was up 3.4% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That was smaller than the 4% annual increase in February.

Redfin Reports Luxury Pending Home Sales Fall 10% to Lowest April Level in Over a Decade as Stock Market Volatility Sidelines Wealthy Buyers
Redfin - 5/27/2025
The typical U.S. luxury home sold for a near-record $1,348,065 in April, up 6.5% from a year earlier, as pending sales dropped to the lowest level in over a decade amid economic uncertainty.

Overcoming Affordability Factors
MortgagePoint - 5/23/2025
According to Bankrate’s 2025 Home Affordability Report, the biggest obstacles to homeownership include saving for a down payment and closing costs, rising living expenses and high home prices. 

Mortgage applications decreased 5.1% from one week earlier; sales of previously owned homes in April declined 0.5% from March; Fannie Mae released its 2025 Economic and Housing Outlook, which projects that total single-family home sales will reach 4.92 million units by year-end; and the number of homes for sale continues to climb, as inventory maintained levels not seen since December 2019.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 5/21/2025
Mortgage applications decreased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 16, 2025.

Existing-Home Sales Edged Lower by 0.5% in April
National Association Of Realtors - 5/22/2025
Sales of previously owned homes in April declined 0.5% from March to a seasonally adjusted, annualized rate of 4 million units, according to the National Association of Realtors. That is the slowest April pace since 2009.

Fannie Mae Releases Housing & Economic Forecast
MortgagePoint - 5/21/2025
The Fannie Mae's 2025 Economic and Housing Outlook projects that total single-family home sales will reach 4.92 million units by the end of 2025, with existing house sales making up 4.24 million of those units.

Weekly Housing Trends View — Data for Week Ending May 17, 2025
Realtor.com - 5/22/2025
The number of homes for sale continued to climb, as inventory maintained levels not seen since December 2019. At the same time, the typical home continues to sit on the market nearly a week longer than it did a year ago.

Redfin Predicts Home Prices Will Dip 1% by the End of the Year, and Reports That Purchases Are Getting Canceled at Near Record Rate
Redfin - 5/22/2025
This marks a stark reversal from years of home-price increases. Aside from a brief period in 2023, home prices have been rising year over year since 2012 due to a prolonged seller’s market.

Housing affordability at the ‘worst level in 30 years’: Zonda
Scotsman Guide - 5/21/2025
High mortgage rates, tariff uncertainty and job insecurity have been weighing on prospective homebuyers’ minds and dragging new-home sales down, according to a report released Wednesday by Zonda.

Mortgage rates climb to highest level in more than three months amid bond market unrest
CNN Business - 5/22/2025
The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the highest level since mid-February, according to data released Thursday from Freddie Mac.

Realtor.com Site Visitor Survey 2025Q1: Concerns on Recession are Rising
Realtor.com - 5/20/2025
In Q1 2025, 63.4% of U.S. homebuyers expected a recession within a year — marking the third-highest level of concern since 2019, following the onset of the pandemic and the Fed’s aggressive rate hikes in 2022–2023.

Second-lien lending surges in equity-rich market
Mortgage Professional America - 5/20/2025
The home equity lending sector is experiencing notable shifts as originations rise and non-bank competitors chip away at traditional institutions’ dominance, according to Home Equity Lending News’ new study.

First American: Home Prices Increased Only 2 Percent Year-Over-Year in April
MortgageOrb - 5/20/2025
U.S. home prices increased 0.4% in April compared with March but were up only 2% compared with April 2024 – a clear indication that home price appreciation is slowing – according to First American’s home price index report.

The U.S. spring home-buying season had its weakest start in five years; mortgage applications increased 1.1% from one week earlier; the number of homes for sale rose to the highest level since December 2019; new home purchase mortgage applications increased 5.3% in April; pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11; and home prices rose in a majority of U.S. metro areas in Q1 2025. May 4, according to a new report from Redfin.

U.S. Spring Home Buying Season Has Its Weakest Start In Five Years
Financial Advisor - 5/14/2025
The number of signed contracts was the lowest for the month since the Covid lockdown in 2020, according to seasonally adjusted data from Redfin Corp. Deals were down 3% from last April, already seen as a low mark.

Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage Bankers Association - 5/14/2025
Mortgage applications increased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 9, 2025.

Weekly Housing Trends View — Data for Week Ending May 10, 2025
Realtor.com - 5/15/2025
Last week, the number of homes for sale rose to the highest level since December 2019. At the same time, the typical home spent longer on the market, and the median listing price remained flat year-over-year.

April New Home Purchase Mortgage Applications Increased 5.3 Percent
Mortgage Bankers Association - 5/15/2025
The Mortgage Bankers Association Builder Application Survey data for April 2025 shows mortgage applications for new home purchases increased 5.3 percent compared from a year ago.

Redfin Reports Economic Jitters, High Costs Stifle Spring Home Sales
Redfin - 5/15/2025
Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020, according to a new report from Redfin.

Home prices rose in majority of U.S. metro areas in Q1 2025
Mortgage Professional America - 5/9/2025
More than four out of five U.S. metro areas experienced home price gains during Q1 2025, though the pace of appreciation moderated slightly from the prior quarter, according to the National Association of Realtors.

Here’s exactly how unaffordable today’s housing market is — and where it’s getting worse
CNBC - 5/15/2025
A new report from the National Association of Realtors and Realtor.com breaks down affordability and supply, shedding light on exactly where the pain points are in the market.

Mortgage Rates for New Homes Are Typically Lower, New Research Finds
Realtor.com - 5/9/2025
Last year, the average mortgage rate for buyers of new-construction homes was 6.1%, compared with an average of 6.6% for buyers of previously owned homes, according to Realtor.com.

Home equity dips slightly in Q1, but HELOC demand rises
Mortgage Professional America - 5/12/2025
The share of equity-rich homes dipped modestly in the first quarter of 2025, but nearly 30% of homeowners are considering tapping into their equity through loans or HELOCs as economic pressures linger.

Affordability Improves In California Amid Slower Price Growth
National Mortgage Professional - 5/14/2025
According to C.A.R., 17% of Californians could afford a median-priced, single-family home, up from 15% in Q4 2024 and flat compared to Q1 2024. Affordability, however, remains near historic lows.

Mortgage applications increased 11% from one week earlier; Fannie Mae’s Home Purchase Sentiment Index ticked up slightly to 69.2; U.S. housing inventory reached its highest level since the pandemic began; mortgage rates stayed put at levels reached last week; U.S. home price growth fell to a 13-year low in March; and first-time homebuyers accounted for 58% of agency purchase lending during the first quarter.

Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage Bankers Association - 5/7/2025
Mortgage applications increased 11.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 2, 2025.

Home Purchase Sentiment Remains Subdued in April
Realtor.com - 5/7/2025
In April, the Fannie Mae Home Purchase Sentiment Index ticked up slightly to 69.2, a slight improvement from March (68.1) but still a decline from April of last year (71.9).

Housing inventory hits post-pandemic high
Mortgage Professional America - 5/5/2025
The U.S. housing market continues to offer more breathing room for buyers, with inventory reaching its highest level since the pandemic began, according to Realtor.com’s April 2025 Housing Market Trends Report.

Mortgage Rates In U.S. Stay Stuck At 6.76%
Financial Advisor - 5/8/2025
Mortgage rates in the U.S. stayed put at levels reached last week, keeping the pressure high for home buyers. The average for 30-year, fixed loans was 6.76%, the same as a week earlier, Freddie Mac said in a statement Thursday.

Weekly Housing Trends View — Data for Week Ending May 3, 2025
Realtor.com - 5/8/2025
The number of homes for sale reached the highest level since 2019 last week, and new listings reached their highest level since mid-2022.

U.S. home price growth fell to a 13-year low in March
Scotsman Guide - 5/2/2025
While U.S. home prices continue to rise, the rate of growth hit a 13-year low in March, according to the latest Home Price Index report from First American Data & Analytics.

First-time homebuyers claimed record market share last quarter
Scotsman Guide - 5/5/2025
First-time homebuyers accounted for 58% of agency purchase lending during the first quarter, which is the highest share on record, according to a mortgage monitor report released Monday by Intercontinental Exchange Inc.

Home Repair Costs Climb, Adding To Mix Of Homebuying Considerations
National Mortgage Professional - 5/8/2025
According to the Q1 2025 Verisk Remodel Index, the average cost of home repairs has jumped 3.97% year-over-year and nearly 1% just since Q4 2024.

Redfin Reports Record-High Costs, Economic Unease Are Stunting This Spring’s Homebuying Season
Redfin - 5/8/2025
The median U.S. monthly housing payment hit an all-time high of $2,868 during the four weeks ending May 4, according to a new report from Redfin.

March Private Residential Construction Spending Dips
Eye On Housing - 5/2/2025
Private residential construction spending declined by 0.4% in March, largely driven by a decrease in home improvement spending.

Pending home sales jumped 6.1% in March; mortgage applications decreased 4.2% from one week earlier; interest rates fell for the second week in a row, from 6.76% from 6.81%; Fannie Mae lowered its mortgage rate outlook for 2025 and 2026; the S&P CoreLogic Case-Shiller Index climbed 3.9% in February; home price appreciation in the U.S. continues to slow; and the spring housing market continues to gain momentum.

Pending Home Sales Jumped 6.1% in March
National Association of Realtors - 4/30/2025
The Northeast experienced month-over-month losses in transactions, while the Midwest, South and West saw gains, which were most substantial in the South.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Bankers Association - 4/30/2025
Mortgage applications decreased 4.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 25, 2025.

Interest rates fall for the second week in a row: Freddie Mac
Scotsman Guide - 5/1/2025
Interest rates on a 30-year mortgage fell by five basis points to 6.76% from 6.81%, according to Freddie Mac. It was the second consecutive week that interest rates declined after a sudden 0.21% spike a month ago.

Fannie Mae lowers mortgage rate outlook for 2025, 2026
Mortgage Professional America - 4/29/2025
The ESR Group now projects real GDP growth at 0.5% for 2025 and 1.9% for 2026, both down from previous estimates of 1.7% and 2.1%, respectively. These adjustments reflect weaker-than-expected economic data from Q1 2025.

Case Shiller Home Price Index Climbs 3.9% in February
Realtor.com - 4/29/2025
The S&P CoreLogic Case-Shiller Index picked up 3.9% through February, down from 4.1% the previous month.

Weekly Housing Trends View — Data for Week Ending April 26, 2025
Realtor.com - 5/1/2025
The spring housing market is gaining some momentum, with sellers testing renewed pricing power as the median listing price edged higher year-over-year this past week.

U.S. home price growth slows as seller-buyer price expectation gap widens
Mortgage Professional America - 4/30/2025
Home price appreciation in the U.S. continued to slow, and a growing disconnect between what sellers want and what buyers are willing to pay is widening the gap across the housing market.

Which is the best month to sell a home in the U.S.?
Mortgage Professional America - 5/1/2025
According to a new report by ATTOM, sellers who close on their homes in May secure the highest average premium of the year — a 9.5% increase over the estimated market value.

Tariffs and stock market volatility are clouding spring home shopping season
CNN Business - 4/27/2025
In the four weeks between March 17 and April 13, more than 14% of all home purchase agreements in the U.S. were canceled, according to data provided to CNN by Redfin. That’s the highest level for this time of year since 2020.

Homeownership Slips Further Away For Californians
National Mortgage Professional - 4/25/2025
Only 18% of Californians earned enough to purchase the state’s median-priced detached home, priced at $865,440 in 2024, according to the California Association of Realtors.