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Existing Home Sales Slip

Existing Home Sales Slip

US existing-home sales slipped 1.7% in Early-Q3 to a 4.06M annual pace, slightly above economists' expectations and still ↑0.7% on a yearly basis. Median existing-home prices reached a record for Early-Q3 at $434.1K, while the benchmark 30-yr fixed mortgage rate...

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US Mortgage Rates Hold Mid-6%

US Mortgage Rates Hold Mid-6%

In Mid-Q3, the avg. 30-yr fixed rate sat near 7%, and an expert expected near-term borrowing costs to stay in the mid-6% range. Across major forecasts, analysts expected the 30-yr fixed rate to remain ~6% to mid-6% through 2028, with no return to much lower ranges....

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US Buyers Navigate Low-6% Rate Outlook

US Buyers Navigate Low-6% Rate Outlook

An industry group projected the 30-yr fixed mortgage rate would hold in the low-6% range through the rest of 2026 nationally for buyers. That outlook suggested borrowing costs would stay elevated, continuing to compress affordability for US households shopping the...

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