My Neighborhood Market

November 12, 2026 Mortgage rates dropped to their lowest level in seven weeks, a welcome development that gives borrowers greater flexibility as they navigate the current housing market. The 30-year fixed-rate mortgage averaged 7.11% as of November 12, 2026, down … Continue reading →

For Week Ending October 31, 2026 Sales of new single-family houses were at a seasonally adjusted annual rate of 676,000 in September, according to the U.S. Census Bureau and the Department of Housing and Urban Development. New houses for sale … Continue reading →

For Week Ending October 24, 2026 The 30-year fixed-rate mortgage averaged 7.32% as of October 22, down from 7.40% a week earlier and up from 6.19% a year ago, according to Freddie Mac. The 15-year fixed-rate mortgage averaged 6.68%, down … Continue reading →

October 29, 2026 The average 30-year fixed-rate mortgage declined again this week, reaching its lowest level this month and modestly boosting purchasing power for prospective buyers. The 30-year fixed-rate mortgage averaged 7.24% as of October 29, 2026, down from last … Continue reading →

For Week Ending October 17, 2026 Housing inventory reached 1.60 million units in September, up 1.9% from August and 4.6% from a year earlier, a 4.8-month supply at the current sales pace, according to the National Association of Realtors®. The … Continue reading →