My Neighborhood Market

May 7, 2026 The 30 year fixed rate mortgage averaged 6.37% this week. Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down to their lowest level since July 2021, … Continue reading →

For Week Ending April 25, 2026 The 30-year fixed-rate mortgage continued its downward trend, with the average rate falling to 6.23% for the week ending April 23, 2026–the lowest level in the past three spring homebuying seasons, according to Freddie … Continue reading →

April 30, 2026 The 30-year fixed-rate mortgage averaged 6.30% this week. As rates had modestly declined the last few weeks, purchase demand has accelerated with purchase applications rising to over 20 percent above a year ago. It is clear that … Continue reading →

For Week Ending April 18, 2026 U.S. sales of new residential homes fell 17.6% month-over-month and 11.3% year-over-year to a seasonally adjusted annual rate of 587,000 units in January, according to the most recent data from the U.S. Census Bureau. … Continue reading →

April 23, 2026 The 30-year fixed-rate mortgage declined again this week to 6.23%. Rates currently stand at their lowest level in the last three spring homebuying seasons. This improvement, coupled with a pickup in purchase applications and refinance activity, as … Continue reading →