June 25, 2026 The average 30-year fixed mortgage rate was little changed this week at 6.49%. Rates have remained relatively stable over the last six weeks. Meanwhile, purchase activity eased modestly and refinance activity has continued to pick up recently, … Continue reading
May Monthly Skinny Video
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 13, 2026 The U.S. housing supply gap grew to an estimated 4.03 million homes in 2025, up from 3.8 million in 2024, according to Realtor®.com’s 2026 Housing Supply Gap Report. Last year, approximately 1.4 million households … Continue reading
Existing Home Sales
Mortgage Rates Decline
June 18, 2026 The 30-year fixed-rate mortgage decreased this week averaging 6.47%. Incoming data continues to reflect a resilient consumer, with retail sales improving and pending home sales strengthening, suggesting purchase demand is continuing to modestly improve. The 30-year fixed-rate … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 6, 2026 The U.S. median asking rent across the 50 largest metros dropped 1.7% from a year earlier to $1,673 in April, according to Realtor®.com, marking the 33rd consecutive month of year-over-year declines. Since peaking in … Continue reading
Mortgage Rates Average 6.52%
June 11, 2026 The 30-year fixed-rate mortgage averaged 6.52% this week. Stronger employment momentum has helped existing home sales reach a five-month high. Importantly, homebuyers are looking past the short-term rate fluctuations and actively entering the market, signaling renewed confidence … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending May 30, 2026 U.S. housing starts fell 2.8% from the previous month to a seasonally adjusted annual rate of 1,465,000 units in April, the U.S. Census Bureau reported. Despite the monthly decline, starts were up 4.6% from … Continue reading
Mortgage Rates Decrease to 6.48%
June 4, 2026 The 30-year fixed-rate mortgage decreased to 6.48% this week. With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving. The 30-year fixed-rate mortgage averaged 6.48% as of June … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending May 23, 2026 U.S. sales of new residential homes rose 7.4% month-over-month and 3.3% year-over-year to a seasonally adjusted annual rate of 682,000 in March, according to the U.S. Census Bureau. There were approximately 481,000 new homes … Continue reading
Mortgage Rates Average 6.53%
May 28, 2026 The 30-year fixed-rate mortgage averaged 6.53% this week. Pending home sales have increased three months in a row, indicating there’s latent demand and homebuyers are ready to jump back into the market if mortgage rates decline. The … Continue reading
April Monthly Skinny Video
Mortgage Rates Average 6.51%
May 21, 2026 The 30-year fixed-rate mortgage averaged 6.51% this week. As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially save thousands. The 30-year fixed-rate mortgage … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending May 9, 2026 2026 has been the strongest spring for new listings since 2022, with listing activity up 8.7% month-over-month and 1.1% year-over-year in April, according to Realtor®.com. Among major metropolitan areas, Virginia Beach had the strongest … Continue reading
Weekly Market Report
For Week Ending May 2, 2026 A family earning the U.S. median income of $104,200 needed to spend 34% of its income on the mortgage for a median-priced new home ($405,300) in the fourth quarter of 2025, down from 35% … Continue reading
Existing Home Sales
Mortgage Rates Inch Down
May 14, 2026 Mortgage rates ticked down this week, averaging 6.36%. While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up. The 30-year fixed-rate mortgage averaged 6.36% as of … Continue reading
Mortgage Rates Average 6.37%
May 7, 2026 The 30 year fixed rate mortgage averaged 6.37% this week. Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down to their lowest level since July 2021, … Continue reading
