News
Have mortgage rates finally reached the magic number?
2+ hour, 30+ min ago (597+ words) The average weekly rate dipped below 6% for the first time in more than three years " a threshold that could unlock buyers (and sellers) this spring. The real estate industry will soon find out if sub-6% mortgage rates will be enough…...
Down payments dip, cash buyers retreat in shifting market
1+ week, 2+ day ago (527+ words) The typical down payment fell 1.5% year-over-year in late 2025 " a shift Redfin economists say may be a sign that buyers are seeking more affordable options. With the housing market tilting in buyers' favor in many parts of the country, new data…...
Why the latest inflation data is good news for real estate
1+ week, 5+ day ago (527+ words) Cooling inflation gives the housing market an "incremental tailwind." But economists warn that data released this time of year can be tricky to interpret. The latest inflation report is providing a bit of good news for the real estate industry…...
Surprising jobs data paints a ‘muddy picture’ of the economy
2+ week, 22+ hour ago (509+ words) The latest employment report makes a case for "cautious optimism" ahead of the spring homebuying season " if job and wage growth continue. What does today's surprisingly strong jobs report mean for the real estate market and mortgage rates in the…...
What’s a ‘good’ mortgage rate — according to buyers?
2+ week, 6+ day ago (625+ words) Though mortgage rates aren't expected to change much in 2026, many prospective buyers are holding out hope for a sudden drop, a Clever Real Estate survey found. Economists widely expect mortgage rates to plateau or slightly decline this year, and many…...
Nearly two-thirds of homebuyers scored a discount in 2025
3+ week, 1+ day ago (757+ words) A Redfin report found that the share of buyers paying less than the list price was up last year, and the average discount for those below-ask homes was 7.9%. For the nearly two-thirds of buyers who paid below list price last…...
Who is Kevin Warsh, Trump’s pick to lead the Federal Reserve?
3+ week, 6+ day ago (966+ words) The former Fed governor, who recently called for a "regime change" at the central bank, has been nominated to replace Jerome Powell as chair. President Donald Trump has nominated Kevin Warsh to serve as the next chair of the Federal…...
Fed leaves rates unchanged with economy ‘on a firm footing’
4+ week, 20+ hour ago (640+ words) Following three 25-point cuts in the second half of 2025, the Federal Reserve chose to hold interest rates steady, though housing activity remains "weak." The Federal Reserve is leaving short-term interest rates unchanged, a decision that many economists anticipated ahead of…...
Lower rates, cooling prices prompt cautious optimism for buyers
1+ mon, 3+ day ago (619+ words) Though recent data offers mixed signals for the spring season, economists believe the year ahead will be "more constructive" for homebuyers. The latest batch of economic data is signaling a bumpy winter for real estate, making it tricky to predict…...
Mortgage rates hit 3-year low — what it means for spring sales
1+ mon, 1+ week ago (596+ words) Rates fell after Trump directed GSEs to buy mortgage-backed securities. Will it be enough to energize a market that ended 2025 with no gain in sales over 2024? President Donald Trump's Jan. 8 announcement that Fannie Mae and Freddie Mac would buy $200 billion…...