Steady Rates Signal Strong Buying and Refinance Demand

Steady Rates Signal Strong Buying and Refinance Demand

As of December 20th, 2025, today’s mortgage rates are holding steady, with the average 30-year fixed mortgage rate at 6.03% and the 15-year fixed rate at 5.42%, according to Zillow. While these... Read more »
Stable Rates Spur 10% Rise in Purchase Demand

Stable Rates Spur 10% Rise in Purchase Demand

Today’s mortgage rates are showing a welcome bit of stability. The national average for a 30-year fixed-rate mortgage is currently sitting around 6.21%, a figure that’s thankfully lower than it was a year... Read more »
Mortgage Demand Falls as Rates Edge Higher Post‑FOMC Meeting

Mortgage Demand Falls as Rates Edge Higher Post‑FOMC Meeting

Mortgage applications dropped recently, mainly because interest rates ticked up a bit following a key meeting by the Federal Reserve’s policy group. It can feel like a bit of a rollercoaster, can’t... Read more »
Homebuyer Demand Stays Strong as Mortgage Rates Stabilize

Homebuyer Demand Stays Strong as Mortgage Rates Stabilize

Quick Read Homebuyer demand for mortgages remains near 2025 highs despite a slight weekly decline, with purchase loan applications up 19% year-over-year per the Mortgage Bankers Association (MBA) Weekly Mortgage Applications Survey.... Read more »
The homebuilders’ 2025 supply and demand problem

The homebuilders’ 2025 supply and demand problem

New home sales grew over last month in the latest Census report, but homebuilders are now facing a supply issue — their inventory is building up. This is the reason why housing... Read more »
Mortgage demand drops for the first time in 5 weeks, after interest rates rise

Mortgage demand drops for the first time in 5 weeks, after interest rates rise

Jeff Greenberg | Universal Images Group | Getty Images Mortgage rates moved markedly higher last week, causing overall mortgage demand to drop. Total application volume fell 0.7% compared with the previous week,... Read more »
Housing demand resilient even with higher mortgage rates

Housing demand resilient even with higher mortgage rates

The holiday season is here, and despite higher mortgage rates last week, housing demand is displaying some festive resilience. Typically, we expect a decrease in activity with elevated rates, but a seasonal... Read more »
Mortgage demand is up 5.4% as interest rates ramp down

Mortgage demand is up 5.4% as interest rates ramp down

Mortgage applications increased 5.4% on a seasonally adjusted basis during the week ending Dec. 6, stemming from a 27% jump in refinance activity, according to a report released Wednesday by the Mortgage... Read more »
Housing demand still showing double-digit growth

Housing demand still showing double-digit growth

Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand. The economy continues to create jobs, with wages growing at an annual rate of 4%. We also... Read more »
How are mortgage rates affecting housing demand?

How are mortgage rates affecting housing demand?

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage... Read more »