The average 30-year fixed mortgage rate reached 6.55%, remaining above 6.5% for nine weeks, impacting home sales, which dropped 2.2%. Fannie Mae forecasts rates to stay around 6.4% through 2026, dropping slightly to 6.3% in early 2027, with uncertainty due to Middle East conflicts. Home sales are expected to decline slightly in 2026 but rise in 2027, with slower sales linked to high rates and low inventory.
In Florida, it now takes the median-income household 17 months longer to save for a…
States with low taxes and living costs are ideal for retirees. Missouri, Mississippi, and Alabama…
Latest US building permits ran at annualized 1.413M, just under the 1.42M forecast, leaving issuances…
Mortgage rates remain in the low-6% range, so small moves can noticeably reshape affordability, monthly…
A builders index slipped 2 points from the previous month to 34, extending a 27-reading…
In June 2026, luxury home prices nationally declined 1.7% year-over-year, with the entry threshold at…