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Mortgage rates rose this week, but steady inflation data suggests a more stable outlook. Buyers may benefit from clearer signals in the months ahead.
Consumer sentiment rose slightly to its highest point in five months. Despite easing inflation expectations, economic concerns remain elevated.
Builders remained cautious as elevated interest rates and affordability challenges continued in July. Buyer traffic fell to its lowest level since 2022.
The bill that makes permanent the VA’s temporary policy letting veterans pay their real estate agents directly is headed to the president’s desk.
Renovation costs are rising, but affordable upgrades are possible. Planning, creativity and DIY strategies can help homeowners save without sacrificing results.
Single-family starts hit their lowest since July 2024, but overall starts rose 4.6% thanks to a 30% surge in multifamily building.
Rates on 30-year mortgages rate ticked up to 6.75% from 6.72% last week while rates on 15-year mortgages increased to 5.92% from 5.86%.
