Mortgage Rates Barely Budge Today and This Week

While any rate watcher's bingo card should always have a few squares devoted to "unchanged, flat, etc.," this week's had at least as many squares reserved for a big reaction to inflation data.  Specifically, Tuesday's inflation data had the power to cause a big move in rates.  While it was

Builder Confidence Edges Up in July

Builders remained cautious as elevated interest rates and affordability challenges continued in July. Buyer traffic fell to its lowest level since 2022.

Single-Family Starts Weaken in June

Single-family starts hit their lowest since July 2024, but overall starts rose 4.6% thanks to a 30% surge in multifamily building.

NAR Lauds Passage of VA Home Loan Reform Act

The bill that makes permanent the VA’s temporary policy letting veterans pay their real estate agents directly is headed to the president’s desk.