Mortgage rates dropped significantly at the start of March before stabilizing, with the average 30-year fixed-rate mortgage settling at 6.65%, according to Freddie Mac.…
Property tax revenue collected by state and local governments reached a new high in 2024 and continued to make up a bulk of tax…
Consumer confidence fell for the fourth straight month amid growing concerns about the economic outlook and policy uncertainties, especially potential tariffs. Uncertainties continue to…
A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges…
As housing affordability remains a critical challenge across the country, mortgage rates continue to play a central role in shaping homebuying power. Mortgage rates…
According to the U.S. Bureau of Labor Statistics (BLS), people who are neither working nor looking for work are counted as “not in the…
Higher interest rates and tight financial lending conditions have led to a decline in loans for new home construction. The total volume of acquisition,…
Existing home sales in February increased to the second highest level since March 2024, according to the National Association of Realtors (NAR). This rebound…
In a widely anticipated move, the Federal Reserve remained on pause with respect to rate cuts at the conclusion of its March meeting, maintaining…
