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New home sales have reached a 3-year high, but economists urge caution. Amid fluctuating mortgage rates, long-term forecasts predict a market rebound in 2026.
Mortgage and refinance rates increased as of September 25, 2025, despite a recent interest rate cut by the Federal Reserve, with the 30-year fixed rate at 6.54%.
U.S. existing-home sales experienced a slight 0.2% dip in August, as high mortgage rates and low inventory continue to shape a sluggish market, new NAR data shows.
The U.S. housing market is showing signs of a fall revival as lower mortgage rates and increased inventory begin to attract buyers after a slow summer.
Mortgage rates increased slightly this week, ending a period of decline despite a recent interest rate cut by the Federal Reserve. The 30-year fixed rate now stands at 6.3%.
The National Association of REALTORS® forecasts a rebound in U.S. home sales for 2025, driven by falling mortgage rates and increased housing supply.
Millennials now account for nearly half of all U.S. mortgage applications, dominating even the priciest markets despite significant affordability hurdles.
Economist Peter Schiff, known for predicting the 2008 crash, warns of a new housing crisis due to the gap between high home prices and rising mortgage rates.
Mortgage rates rose this week, with the 30-year fixed rate at 6.54%, despite a recent rate cut by the Federal Reserve. The increase is tied to bond market activity.
Fannie Mae forecasts a nearly 10% rise in U.S. home sales for 2026, with mortgage rates expected to drop to 5.9%, signaling a market rebound.
The Federal Reserve cut its benchmark interest rate by 0.25%, a move to support the job market that could lead to lower mortgage rates for homebuyers.
Sales of new U.S. homes unexpectedly soared by over 20% in August, reaching the fastest pace since early 2022, fueled by widespread builder incentives.
