MORTGAGE RATES FALL TO 10-MONTH LOW via foxbusiness.com—Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.56% from last week's reading of 6.58%. The average rate on... Read More

SLOW SUMMER PACE DRIVES HOME SALES DOWNWARD via themortgagepoint.com—The average home that was under contract in July was listed for 43 days. According to a recent report from Redfin, reflecting the largest duration for any July since 2015 and... Read More

Q2 HOME PRICES JUMP WHILE SALES CONTINUE TO SLIP via themortgagepoint.com—The National Association of REALTORS’ Metropolitan Median Area Prices and Affordability and Housing Affordability Index shows that in Q2 of 2025, home prices increased in 75% of metro markets... Read More

FED HOLD RATES FIRM FOR THE FIFTH CONSECUTIVE MEETING via themortgagepoint.com—The Federal Reserve Open Market Committee (FOMC) has wrapped up its July meeting Wednesday afternoon, and decided for the fifth consecutive meeting, to hold the federal funds rate steady... Read More