Continued Iran conflict raises mortgage rate risk into late 2026
If the Iran conflict lasts five to six more months, the peak mortgage rate could run 0.375% to 0.435% above 6.75% despite better spreads.
Housing Market
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Housing demand stays positive with mortgage rates near 2026 highs
Weekly pending sales increased to 75,935 versus 69,636, and purchase apps were up 7% year over year despite higher mortgage rates.
Boston’s international business boom equals more demand for housing
For real estate professionals, international business shows up in relocation traffic, rental demand and luxury purchases tied to expansion.
NALHFA: HUD cuts would worsen housing affordability challenges
Jonathan Paine, executive director of NALHFA, says proposed cuts will only exacerbate existing hurdles for many Americans.
Housing inventory just turned negative year over year
Housing inventory turned negative year over year as supply hit 795,921 vs 803,479 last year, with rates at 6.56%.
As Florida’s housing market finds its footing, sellers still face pricing realities
HousingWire Data shows the median list price of homes in Florida at $495,000, with the median price of new listings at $450,000.
What happens to mortgage rates if the Iran conflict is over?
Getting the 10-year yield and mortgage rates to pre-conflict lows will be harder than people think even if this conflict is truly over.
Housing demand stays firm, pushing inventory close to negative YOY
Even if we go negative year over year soon, we are in a much healthier spot with inventory than we were from 2020 to 2023.
California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding
The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern California wildfires by helping to bridge the gap between insurance payouts and actual rebuilding costs.
Mortgage rates are at yearly highs, but housing demand is still positive
Pending sales rose to 78,006 and purchase apps rose 7% yearly, even as mortgage rates hit highs and yields neared 4.60%.