Average U.S. 30-Year Mortgage Rate Rises to 6.3%
Ending a 3-week slide, it’s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago.
Key Inflation Gauge at Highest Level in 3 Years
Prices rose 3.5% compared to a year ago, pushing inflation further away from the Fed’s 2% target, likely leaving interest rates on hold at least for now.
Home Building Shows Signs of Stabilization in March
Housing production bounced back in March as builders increased starts despite headwinds. Overall starts rose 10.8% to a seasonally adjusted pace of 1.5 million.
Categories
Recent Posts
Florida luxury market surges to start 2026, led by record condo gains
Build your own flywheel: Stacked marketing creates compounding momentum
Southern buyers making smaller down payments than other regions
Mortgage rates climb to nine-month high
Florida housing market at inflection point as summer approaches, economist says
Fed minutes point to longer mortgage-rate uncertainty
Agent recruiting activity rises sharply in early 2026
Fannie Mae: Rates likely to remain elevated longer than expected
Florida housing inventory near pre-pandemic norms, economist says
Realtors should rethink captions as social search changes