Mortgage Interest Rates Today: Mortgage Rates Dip Slightly to 6.27% as Investors Keep Eye on Trade War With China
Mortgage rates ticked down on Thursday as investors continued following the latest developments in the unfolding U.S.-China trade war, with President Donald Trump threatening to impose a new 100% tariff on Chinese imports. The average rate on 30-year fixed home loans decreased to 6.27% for the week
Social Security COLA 2026 Update Delayed: How It Affects Housing Decisions
The government shutdown has thrown a wrench into the Social Security Administration’s annual cost-of-living adjustment (COLA) announcement, a key update that determines how much more retirees and other beneficiaries will receive to keep pace with inflation. Originally scheduled for Oct. 15, the anno
Housing Market Stalls as Government Shutdown Drags On
Just over two weeks into the federal government shutdown, housing market transactions have slowed— a trend unlikely to reverse until the stalemate in Washington, DC, is resolved. For the week ending Oct. 11, listing and sales activity remained sluggish, reflecting buyers' and sellers’ reluctance to
Homebuilders Expect Sales To Improve in Coming Months Following Fed Rate Cut
Homebuilder sentiment rose this month to its highest level since April, as builders pinned their hopes on Federal Reserve rate cuts to revive the housing market. Overall builder confidence in the market for newly built single-family homes was at 37 in October, up 5 points from September and the high
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