Glenn Solberg

(612) 723-7000

Weekly Market Report

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For Week Ending November 8, 2025 According to ResiClub’s analysis of the U.S. Census Bureau’s 2024 American Community Survey, 35 million, or 40.3%, of U.S. homeowners are mortgage-free, up from 39.8% in 2023. More than half of these homeowners (54%) … Continue reading →

Mortgage Rates Broadly Flat

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November 13, 2025 Rates for the 30-year and the 15-year fixed-rate mortgage essentially remained flat this week, but purchase activity increased, which is encouraging. Information provided by Freddie Mac.

Weekly Market Report

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For Week Ending November 1, 2025 U.S. homebuilder confidence rose five points to 37 in October, marking the highest reading since April, according to the NAHB/Wells Fargo Housing Market Index (HMI). Future sales expectations increased nine points to 54, surpassing … Continue reading →

Rates Remain Near 2025 Lows

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November 6, 2025 This week the 30-year fixed-rate mortgage averaged 6.22%. On a median-priced home, this could allow a homebuyer to save thousands annually compared to earlier this year, showing that affordability is slowly improving. Information provided by Freddie Mac.

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