New Home Sales in U.S. Take Unexpected Jump

Sales of newly built single-family homes jumped 20.5% higher in August across the U.S. and 3.3% in the South. The median new home sale price in the U.S. was $413,500.

Mortgage Rates to Drop Below 6% by End of 2026

Fannie Mae projects mortgage rates to fall to 6.4% by late 2025 and 5.9% in 2026, with rising home sales and mortgage originations over the same period.

Mortgage Rates Fairly Flat Despite Bond Market Volatility

Over time, mortgage rate movement lines up almost perfectly with movement in the underlying bond market, but there can be day to day discrepancies depending on the timing of market volatility. Think of mortgage rates like a restaurant that adjusts menu prices daily depending on the price of ingredie

Options for Financing a Renovation

Explore HELOCs, cash-out refis, loans, government programs and contractor financing to cover home upgrades while protecting your finances.