Home sales decreased in July due to high mortgage rates and increasing prices pushing homebuyers aside.
U.S. Home Sales Decline in July Sales of previously owned homes in the United States saw another decline in July. The high prices and rising mortgage rates are proving tough for many potential buyers. According to the National Association of Realtors, existing home sales dropped by 1.7% from June, landing at an annual rate of […]
Home sales rise in June, yet increased mortgage rates continue to discourage potential buyers.
Single-Family Home Sales Experience Slight Uptick in June New single-family home sales in the United States managed to reverse a two-month downward trend in June. However, the ongoing rise in mortgage rates and home prices is still keeping many potential buyers sidelined. Sales of new homes increased by 1.6%, reaching 628,000 units on a seasonally […]
Freddie Mac reports that the 30-year fixed mortgage rate has hit an 11-month peak.
Marcus Lemonis asserts that skyrocketing housing prices are mainly a result of inadequate supply rather than just regulatory issues. He points out the significance of permits and safety inspections, and challenges the notion that reducing bureaucratic barriers would drastically cut prices. This week, mortgage rates saw another increase, hitting their highest level in almost a […]
Macquarie’s first female CEO is stepping down, and a mortgage expert is appointed as her successor
Greg Ward is set to take over for Shemara Wickramanayake, who will retire in November. issued Thursday, July 23, 2026 · 05:19 PM [SYDNEY] Macquarie Group has selected Greg Ward as its new chief executive officer, a move that follows his notable contributions to the company’s retail banking growth. Ward will take over from Shemara […]
Mortgage rates and increasing inventory lead 9 cities into a buyer’s market
Shifts in the Housing Market Favor Buyers in Some Regions As some areas in the United States adapt, the long-standing seller’s market for homebuyers is starting to shift. This change is particularly evident in various metropolitan regions. On Tuesday, Realtor.com released its second quarter report, examining housing trends at both national and metropolitan levels. The […]
Mortgage rates remain stable around 6.49% as housing affordability gets better.
Mortgage Rates and Housing Market Update Josh Altman, from Altman Brothers Real Estate, recently appeared on Varney & Company, where Governor Gavin Newsom spoke about his $11.2 billion bond plan aimed at increasing housing availability in California. Freddie Mac reported that mortgage rates saw a minor increase this week but have been mostly stable in […]
Mortgage Industry Group Nearly Acknowledges That Immigration Increases Home Prices
Immigrants and Rising Home Prices A recent report from the Mortgage Bankers Association suggests that immigrants may be a factor in increasing home prices. The June report noted a significant national housing shortage, estimating it to be between “1.5 million to 7.3 million homes,” and argued that demographic shifts resulting from immigration policies could decrease […]
Mortgage rates rise a bit this week, with the 30-year rate at 6.49%
Rep. Troy Downing Discusses Trump’s Housing Bill Delay Rep. Troy Downing from Montana spoke about President Trump’s choice to postpone signing the housing bill until the Senate progresses on the SAVE America Act. Mortgage Rates According to Freddie Mac, the mortgage buyer, rates were mostly stable, although there was a slight increase this week. The […]
Mortgage rates decrease to 6.47%
Fed Chairman Discusses Interest Rates and Future Guidance In a recent press conference, Federal Reserve Chairman Kevin Warsh spoke about the central bank’s strategy on forward guidance and whether discussions regarding potential future rate cuts took place. This week’s drop in mortgage rates is noteworthy; it’s the lowest seen in over a month, according to […]
Health insurance is now more expensive than a mortgage. Thanks, Obamacare.
Rising Medical Costs vs. Housing Expenses Medical costs really shouldn’t surpass what you pay for your home. Unfortunately, for many Americans, they do. Data shows that the average family in the U.S. pays upwards of $2,200 monthly for health insurance. In contrast, the typical mortgage payment hovers around $2,000. It’s surprising, but keeping a roof […]