Mortgage Rates
The average long-term US mortgage rate has recently dropped to its lowest level in over a year, a significant development that promises to inject much-needed vitality into a housing market grappling with affordability challenges. For the week ending October 23, 2025, the average rate on a 30-year fixed-rate US mortgage
Mortgage Rates
October 21, 2025 – The turbulent waters of the mortgage market appear to be finding their level, as 2025 sees a notable stabilization in mortgage rates, offering a much-needed reprieve for prospective homebuyers and the broader housing sector. Currently hovering in the mid-6% range, these rates have settled into a more
Mortgage Rates
New York, NY – October 17, 2025 – The financial markets are abuzz today as 30-year fixed refinance mortgage rates have seen a significant drop, plunging by 19 basis points. This notable reduction brings the national average for a 30-year fixed refinance rate to 6.75%, a welcome decrease from 6.94%
Federal Reserve
Washington D.C. – October 14, 2025 – Federal Reserve Chair Jerome Powell has recently signaled the likelihood of additional interest rate cuts before the end of 2025, following a September reduction, in response to a perceived softening in the U.S. job market. This commentary has fueled cautious optimism among prospective
Federal Reserve
As of late 2025, a puzzling disconnect has emerged in the financial markets, leaving homebuyers and investors grappling with a 'new reality.' Despite the Federal Reserve initiating a series of rate cuts, the anticipated relief in mortgage rates has largely failed to materialize. This unforeseen divergence challenges conventional
Federal Reserve
Despite recent actions by the Federal Reserve to cut benchmark interest rates, a perplexing and potentially long-lasting disconnect has emerged: mortgage rates are not following suit. This "sticky" mortgage rate phenomenon, driven by a complex interplay of market forces beyond the Fed's direct control, is reshaping
Government Shutdown
The U.S. economy finds itself at a critical juncture, navigating persistent inflation and a cooling labor market, while simultaneously grappling with the immediate and profound implications of an ongoing government shutdown. As of October 3, 2025, the federal government remains unfunded, triggering a widespread data blackout that has delayed
Mortgage Rates
Washington D.C. – October 2, 2025 – The United States housing market is bracing for a potential cool-down as average long-term mortgage rates have ticked up for the second consecutive week, reaching 6.34%. This latest increase, announced by Freddie Mac, signals a tightening lending environment that could further exacerbate affordability
US Government Shutdown
As the United States government teeters on the brink of a potential shutdown, effective October 1, 2025, financial markets and the broader real estate sector are bracing for significant disruptions. This impending political impasse threatens to inject a fresh wave of uncertainty into an already sensitive housing market, potentially impacting
Government Shutdown
Washington, D.C. – September 30, 2025 – As the United States government stands on the precipice of a shutdown at midnight tonight, the financial markets, particularly the mortgage sector, are bracing for a period of heightened uncertainty. While some analysts suggest a potential, albeit temporary, dip in mortgage rates as investors
Housing Market
As of September 27, 2025, the U.S. housing market finds itself in a perplexing and challenging phase. Despite a promising streak of nine consecutive weeks of falling mortgage rates, which saw the average 30-year fixed rate dip to an 11-month low, indicators for future home sales have taken a
Mortgage Rates
September 26, 2025 – The financial markets are closely watching mortgage rates as they enter a period of anticipated stability, hovering in the mid-6% range for a 30-year fixed conventional mortgage. This comes despite a recent Federal Reserve interest rate cut, highlighting the complex interplay of economic forces at play. For