Glenn Solberg

(612) 723-7000

Mortgage Rates Hover in Mid-Six Percent Range

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July 9, 2026 The 30-year fixed-rate mortgage averaged 6.49% this week. Mortgage rates have not changed much recently, but economic growth and housing affordability continue to improve for homebuyers as they shop for homes in today’s market. The 30-year fixed-rate … Continue reading →

Weekly Market Report

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For Week Ending June 27, 2026 Realtor®.com found that buying a home by age 30 is associated with a 22.5% higher net worth at age 50 compared with purchasing a first home in one’s 40s. Moreover, children raised in homeowner … Continue reading →

Mortgage Rates Decline

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July 2, 2026 The 30-year fixed-rate mortgage eased slightly this week averaging 6.43%. With rates at a seven-week low and purchase demand continuing to edge higher, it’s an encouraging sign as prospective homebuyers respond to modest improvements in affordability. The … Continue reading →

Weekly Market Report

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For Week Ending June 20, 2026 The typical U.S. household spends $39,468 per year on bills, or $3,289 per month, accounting for approximately 47% of annual income, according to doxo’s 2026 U.S. Household Bill Pay Report. Of this total, $24,997 … Continue reading →

Mortgage Rates Average 6.49%

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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 →

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