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housing market

US home sales accelerated in September to their fastest pace since February as mortgage rates eased
Oct 27, 2025

US home sales accelerated in September to their fastest pace since February as mortgage rates eased

Existing U.S. home sales rose 1.5% in September as lower mortgage rates and more listings boosted buyer activity.

Average rate on a 30-year mortgage drops to lowest level since April
Oct 27, 2025

Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year

The average 30-year mortgage rate dropped to 6.19%, its lowest since October 2024, as inflation and Fed policy ease pressure.

Real Estate and Construction: Stagnant with some silver linings
Oct 17, 2025

Virginia sees home sales rise in major markets

Home sales rose year-over-year in Northern Virginia, Central Virginia and Hampton Roads in September, a sign of a stable market.

US mortgage rates dip to near yearly low at 6.27%
Oct 16, 2025

US mortgage rates dip to near yearly low at 6.27%

The average 30-year US mortgage rate fell to 6.27%, nearing its lowest level of the year as borrowing costs continue to ease.

US mortgage rates fall as Fed cuts interest rates
Oct 9, 2025

30-year US mortgage rate falls to 6.3% lowest in a year

The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year. The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. The modest drop brings the average rate back to […]

US mortgage rates fall as Fed cuts interest rates
Oct 2, 2025

30-year mortgage rate rises to 6.34% after recent lows

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie […]

Federal job cuts ripple through Northern Virginia
Sep 29, 2025

Federal job cuts ripple through Northern Virginia

Trump’s federal job cuts are hitting Northern Virginia hard, with layoffs, stalled contracts, rising unemployment and a softening housing market.

30-year U.S. mortgage rate edges up to 6.3%
Sep 25, 2025

30-year U.S. mortgage rate edges up to 6.3%

The average 30-year U.S. mortgage rate rose to 6.3%, ending a four-week decline, according to Freddie Mac.

US mortgage rates fall as Fed cuts interest rates
Sep 18, 2025

US mortgage rates fall as Fed cuts interest rates

U.S. mortgage rates fell for a third week, with 30-year loans at 6.26%, as the Fed cut rates and signaled more reductions ahead in 2025.

Statewide home sales, inventories rose in November
Sep 15, 2025

Aug. housing inventory, prices rise across Virginia regions

Housing inventory and sold prices rose last month in Northern Virginia, Hampton Roads and Central Virginia, but home sales declined in Hampton Roads.

Average rate on a 30-year mortgage falls to lowest level in nearly a year
Sep 11, 2025

Average rate on a 30-year mortgage falls to lowest level in nearly a year

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week. The long-term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, […]

US housing market shifts toward buyers as prices cool
Sep 8, 2025

US housing market shifts toward buyers as prices cool

The U.S. housing market is cooling, with more listings, slower price growth, and seller concessions—though affordability remains limited.

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