Top Quality and Affordable Homes
National |
Average Rate* |
30-Year FHA Rate | 5.94% |
30-Year Fixed Rate | 5.50% |
20-Year Fixed Rate | 5.98% |
15-Year Fixed Rate | 5.25% |
* Conforming FNMA Loan Amount. Rates may include points. |
Information updated: 9/12/2025
Vinyl Surpasses Stucco as Most Used Principal Exterior Wall Material
In 2024, vinyl siding was the most used principal exterior wall material for homes started. It holds just over a quarter share of homes, slightly surpassing stucco for the first time since 2018. For homes started in 2024, 26% had vinyl siding (including vinyl-covered aluminium) as their principal exterior wall material, according to the latest...Remodeling Market Sentiment Improves in Third Quarter
In the third quarter of 2025, the NAHB/Westlake Royal Remodeling Market Index (RMI) posted a reading of 60, up one point compared to the previous quarter. With the reading of 60, the RMI remains solidly in positive territory above 50, but lower than it had been at any time from 2021 through 2024. Overall, remodelers remain optimistic...Refinancing Activity Surges in September
Refinancing activity surged in September, marking the largest monthly increase since the COVID-era of ultra-low interest rates. This increase followed mortgage rates dropping below 6.5% for the first time since October 2024 in anticipation of rate cuts that ultimately materialized. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application...Minority-Owned Residential Building Firms Continue to Rise
The share of minority-owned new residential builders and remodelers has more than doubled since the Great Recession, with noticeable gains from 2017 to 2022. Nevertheless, when compared to the overall U.S. population, minority-owned firms continue to be underrepresented within both housing sectors. New Residential Builders Based on data from the Annual Business Survey (ABS) from...Shorter Apartment Construction Time in 2024
The average time needed to complete construction of a multifamily building after obtaining authorization edged down in 2024, according to the 2024 Survey of Construction (SOC) from the Census Bureau. On average, it took 19.6 months from permit to completion, about 0.3 months shorter than in 2023. While construction timelines remain lengthy, this modest decline...Orange County, Riverside County, San Bernardino County, Los Angeles County, San Diego Real Estate!
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