Glenn Solberg

(612) 723-7000

Weekly Market Report

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For Week Ending August 1, 2026 Over the past four weeks, the U.S. real estate market entered a typical summer slowdown exacerbated by borrowing pressures as average 30-year fixed mortgage rates spiked to a high of 6.66%. Despite these elevated … Continue reading →

Mortgage Rates Average 6.69%

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August 6, 2026 The 30-year fixed-rate mortgage averaged 6.69% this week. While mortgage rates continue to influence affordability, the housing market is showing signs of adjustment, with listing prices modestly below year-ago levels and for-sale inventory improving from the limited … Continue reading →

Weekly Market Report

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For Week Ending July 25, 2026 As the median age of first-time homebuyers increases, many younger buyers are turning to their parents for financial assistance when purchasing a home. A Veterans United survey found that nearly 6 in 10 parents … Continue reading →

Mortgage Rates Average 6.66%

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July 30, 2026 The 30-year fixed-rate mortgage averaged 6.66% this week. The housing market continues to benefit from more available inventory, providing prospective homebuyers with additional options and helping support buyer activity as mortgage rates fluctuate. The 30-year fixed-rate mortgage … Continue reading →

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