Rate, Home Price Growth Forecasts Lowered
Fannie Mae now sees slower home price growth and slightly lower mortgage rates through 2026, with modest gains expected in overall home sales.
Fannie Mae now sees slower home price growth and slightly lower mortgage rates through 2026, with modest gains expected in overall home sales.
The average rate on a 30-year mortgage slipped to 6.74% from 6.75% last week, while the 15-year rate dropped to 5.87% from 5.92% last week, Freddie Mac said.
A U.S. District Court closes a case brought against the National Association of Realtors involving MLS access.
Mortgage rates and affordability continue to challenge the housing market, keeping buyers hesitant and new-home sales sluggish despite builder incentives.
A new survey found 61.3% of small business owners feel positive about AI, using it mostly for marketing, sales and data analysis.
Homeowners can quickly boost curb appeal by painting the front door, adding lighting and plants and keeping the exterior clean and cohesive.
Agents who understand maximalist design can better connect with buyers seeking warmth, personality and a lived-in feel.
While existing-home sales dipped 2.7% nationally in June, median prices hit a record $435,300, reflecting continued equity growth for homeowners.
Florida Realtors Chief Economist O’Connor: Closed sales of single-family existing homes in June rose 2.8% YoY, “the first gain in that metric since January.”
Storm risks, lease terms, utility billing and maintenance policies can differ from up north, so knowing what to ask before signing a lease is important.