Top Quality and Affordable Homes
National |
Average Rate* |
| 30-Year FHA Rate | 6.72% |
| 30-Year Fixed Rate | 6.79% |
| 20-Year Fixed Rate | 6.55% |
| 15-Year Fixed Rate | 6.06% |
| * Conforming FNMA Loan Amount. Rates may include points. | |
Information updated: 8/11/2025
Residential Building Worker Wage Growth Slows Amid Housing Slowdown
Both real and nominal wage growth for residential building workers slowed during the second quarter of 2025, reflecting a broader cooling in the construction labor market, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). In nominal terms, average hourly earnings (AHE) for residential building workers rose to $39.35 in June...Builder Confidence Plateaus at Relatively Low Level
Elevated mortgage rates, weak buyer traffic and ongoing supply-side challenges continued to act as a drag on builder confidence in August, as sentiment levels remain in a holding pattern at a low level. Builder confidence in the market for newly built single-family homes was 32 in August, down one point from July, according to the...June Single-Family Permits Slumps, Multifamily Gains
Single-family housing permits continued a downhill trend for the sixth month in a row. The continuous decline in single-family permits highlights persistently weak housing demand, tied to affordability challenges like high mortgage rates. Builders appear cautious amid economic uncertainty, labor constraints, and rising inventories. The uptick in multi-family permits suggests a potentially stabilizing trend, though...Credit Conditions for Builders Tighten
For the fourteenth consecutive quarter, builders and developers reported tighter credit conditions on loans for residential Land Acquisition, Development & Construction (AD&C) in NAHB’s quarterly survey on AD&C Financing. In the second quarter of 2025, the NAHB survey’s net easing index posted a reading of -12.3 (the negative number indicating that credit tightened since...Building Material Prices Rise in July
Prices for residential building materials rose again in July, marking the largest year-over-year increase in over two years. The underlying price growth trend remained the same, with service prices continuing to grow at a faster pace than goods prices. Similar to last month, parts for construction machinery and metal molding/trim experienced significant price growth, as...Orange County, Riverside County, San Bernardino County, Los Angeles County, San Diego Real Estate!
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More Contracts Are Falling Through. Here’s How To Get Ahead.
When you sell a house, the last thing you want is for the deal to fall apart right before closing.
Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Mortgage rates are still a hot topic – and for good reason.
Are These Myths About Buying a Newly Built Home Holding You Back?
If you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions.
What You Need To Know About Concessions
Now that there are more homes for sale, buyers have more options. And sellers need to be more flexible to close the deal.
Online Home-Buying Search Terms Recently Hit 2-Year High
Believe it or not, there are clear signs buyer interest is heating up again.
