With the Federal Reserve all but locked into a 25 basis-point cut on Wednesday after the conclusion of its two-day meeting, the question for housing market professionals is how much lower mortgage rates could go after their recent tumble. At HousingWire’s Mortgage Rates Center on Tuesday, long-term

In a narrow 48-47 vote, the U.S. Senate confirmed economist Stephen Miran to the Federal Reserve Board of Governors on Monday evening ahead of a highly anticipated FOMC meeting. Miran, chairman of the White House Council of Economic Advisers, was approved by the Senate Banking Committee last week wi

A federal appeals court on Monday evening denied a last-minute attempt by President Trump to block Federal Reserve Governor Lisa Cook from participating in the Federal Open Market Committee (FOMC) meeting this week. The U.S. Court of Appeals for the District of Columbia Circuit‘s decision upheld fed

New construction drives market with $2.29 million average price tag as future builds signal even higher luxury premiums Miami’s real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the la

The North Carolina housing market delivers significant value for homebuyers. Current data shows 62,710 active listings with an average home price of $519,908. This represents a 19.7% discount compared to the national average of $647,307. The Tar Heel State provides abundant options for first-time bu

Amazon has reached a milestone of 10,000 affordable housing units funded in Seattle’s Puget Sound region, part of the $2 billion Housing Equity Fund the online retail giant launched in 2021. The announcement coincides with the opening of Connection Angle Lake — a 130-unit development from Mercy Hous

President Donald Trump on Monday renewed his call for U.S. companies to move away from quarterly earnings reports, building upon an idea he floated during his first term. Since 1970, the nearly 3,700 publicly traded companies in the U.S. — including mortgage and real estate companies — have been req

Dave and Patricia Smith — a husband-and-wife real estate team with more than two decades of experience in the Washington, D.C., Maryland and Virginia region — have joined Compass. The pair has closed more than $500 million in career sales volume, averaging about $50 million annually. They have consi

As Social Security benefits face an increasingly uncertain future and living expenses for seniors continue to rise, a larger share of American workers and employers believe that “retirement confidence is fragile and divided.” That’s the key takeaway from the 10th annual iteration of BlackRock’s Read

Mortgage rates dropped to a new low for 2025 on Monday morning, reaching 6.25%. This decline follows disappointing manufacturing data from the New York Fed, which has caused bond yields to decrease. And mortgage spreads continue to adjust positively as they have all year. The question now is whether

Last week, mortgage rates hit a new low for 2025, as the labor market proved more critical to the bond market than inflation. The big question is: what will happen after the Fed cuts rates this week? Last year at this time, mortgage rates hit a yearly low of nearly 6% and the Fed cut rates — only to

Mortgage documents have been at the center of an effort by President Donald Trump to fire Fed Governor Lisa Cook over alleged mortgage fraud, but a loan estimate from 2021, first seen and reported by Reuters on Friday, seems to undermine those allegations. The loan estimate for an Atlanta condo Cook

Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the latest market data. Regional performance outpaces national metric

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Can AI help real estate teams stand out or make them all look the same? Artificial intell

As the mortgage industry prepares for the Trump Administration’s plans for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, U.S. Department of Commerce Secretary Howard Lutnick appeared on CNBC to offer his comments on the subject. During th

Foreclosure activity in the U.S. increased in August, with 35,697 properties receiving default notices, scheduled for auction, or repossessed by lenders, according to ATTOM’s August 2025 U.S. Foreclosure Market Report. The total was down 1% from July but up 18% from a year earlier. “August marked th

The average U.S. mortgage holder has more than $300,000 in home equity, a figure that’s up significantly since the start of the COVID-19 pandemic as national equity levels now stand at $17.5 trillion. That’s according to Cotality’s second-quarter 2025 home equity report released on Friday. The repor

Efforts to abolish or deeply reform property taxes are gaining momentum in multiple states — including Ohio — where impassioned debate has cited potential funding shortfalls for local services, seniors being prices out of homes and further effects on the housing market. Howard Fleeter, an economist

Congresswoman Maxine Waters (D-Calif.), the top Democrat on the House Financial Services Committee, sent two letters this week that seek investigations into actions by President Donald Trump at the Federal Reserve. One letter was sent to John Allen, the acting inspector general of the Federal Housin