Housing demand still growing as mortgage rates reach inflection point

Housing demand still growing as mortgage rates reach inflection point

Weekly pending sales Pending home sales data provides a week-to-week perspective, though results can be affected by holidays and short-term fluctuations. The last five weeks have been positive in our weekly pending... Read more »
Rates Hit 6-Month High, 30-Year Fixed Rises to 6.31%

Rates Hit 6-Month High, 30-Year Fixed Rises to 6.31%

If you’re looking to buy a home or refinance an existing mortgage, you’ve probably noticed that borrowing money has gotten more expensive. On Saturday, March 21, 2026, mortgage and refinance interest rates... Read more »
Mortgage Refinance Demand Nosedives 19% as Rates Surge in March 2026

Mortgage Refinance Demand Nosedives 19% as Rates Surge in March 2026

It’s been a choppy ride for homeowners looking to refinance their mortgages lately. For the week ending March 13, 2026, we saw a significant 19% drop in mortgage refinance applications. This sharp... Read more »
January new home sales fall 17.6%, weather and rates in focus

January new home sales fall 17.6%, weather and rates in focus

After seeing an uptick in sales last year, the nationwide new home market experienced a sharp drop in new home sales activity in January, according to the U.S. Census Bureau’s New Residential... Read more »
Opendoor’s cheap mortgage rates spark sustainability debate

Opendoor’s cheap mortgage rates spark sustainability debate

iBuyer Opendoor’s recently launched mortgage product — which promises below-market interest rates after the company removed its markup — has sparked debate across the industry about who absorbs the cost and whether... Read more »
Housing demand still positive, but for how long with rising rates?

Housing demand still positive, but for how long with rising rates?

10-year yield and mortgage rates In the 2026 HousingWire forecast, I anticipated the following ranges: Mortgage rates between 5.75% and 6.75% The 10-year yield fluctuating between 3.80% and 4.60% Well, we had... Read more »
Mortgage Rates Drop Unlocking 5.5 Million More Households in 2026

Mortgage Rates Drop Unlocking 5.5 Million More Households in 2026

A cool 6% for your mortgage might sound like just a number, but right now, it’s opening doors to homeownership for millions of Americans who previously felt locked out. This drop in... Read more »
Negative jobs report keeps mortgage rates calm amid surging oil prices 

Negative jobs report keeps mortgage rates calm amid surging oil prices 

From BLS: Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment in health... Read more »
Mortgage Applications Today: Home Loan Demand Increases for Third Straight Week—Surging 11%, Fueled by Lower Rates

Mortgage Applications Today: Home Loan Demand Increases for Third Straight Week—Surging 11%, Fueled by Lower Rates

Mortgage applications increased for a third straight week—11% from the week prior, according to the Mortgage Bankers Association for the week ending Feb. 27. New home loans and refinancing contributed to the... Read more »
Rates Hit 6-Month High, 30-Year Fixed Rises to 6.31%

Rates Remain Below 6% Amid Heightened Global Volatility

As of today, March 3, 2026, the average 30-year fixed mortgage rate stands at 5.80%, showing a slight dip of one basis point from yesterday. However, this number, while seemingly stable, is... Read more »