My Neighborhood Market

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 →

For Week Ending April 11, 2026 44.6% of mortgaged residential properties in the U.S. were considered equity-rich—defined as having a loan-to-value ratio of 50% or lower—in the fourth quarter of 2025, according to ATTOM’s Q4 2025 U.S. Home Equity and … Continue reading →

April 16, 2026 Mortgage rates declined this week to a four-week low of 6.30%. Compared to one year ago when rates were at 6.83%, this is a meaningful improvement for homebuyers during what is typically the busy spring homebuying season. … Continue reading →

April 9, 2026 Mortgage rates ticked down this week, averaging 6.37%. The decrease in rates represents a positive development for prospective homebuyers and could spark a more favorable spring homebuying season than last year. The 30-year fixed-rate mortgage averaged 6.37% … Continue reading →