How the ROAD to Housing Act could improve home affordability
The ROAD act targets a 37% affordability gap with supply incentives, ADU support and small dollar mortgage fixes, with limits.
Housing Market
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Housing demand holds up despite mortgage rates at yearly highs
Mortgage rates ended the week at 6.64%, purchase apps slowed to 5% YoY, inventory rose to 713,549 and mortgage spreads were about 2%.
Mortgage rates now closer to 7% than 6% as the Iran war escalates
Mortgage rates have risen from sub 6% to 6.62% as the Iran conflict escalates, while purchase apps fell 5% and growth slowed to 5%.
Regional markets back demand resilience as rate pressure builds
Housing demand remains resilient across major metros as mortgage rates rise. Texas, California and Midwest markets sustaining pending sales.
California MBA urges guardrails for bill targeting wildfire-related forbearance
CMBA told lawmakers that AB 238 aids short-term relief, but insurance delays and permitting backlogs are stalling wildfire recovery.
Housing demand still growing as mortgage rates reach inflection point
Despite higher oil prices and mortgage rates and no indication that Iran war is ending, existing home sales posted another positive week.
Mortgage rates are breaking higher — and things can get worse with Iran conflict
The Iran war pushed the 10-year yield above a key level Friday and mortgage rates are headed higher as the conflict drags on.
Older Americans maintain record share of housing wealth
Redfin’s analysis found that Americans ages 70 and older controlled 26% of real estate wealth in the third quarter of 2025.
Housing demand still positive, but for how long with rising rates?
Rates rose above 6.25% and ended the week at 6.41% as spreads worsened while the 10-year yield neared its yearly high.
Local investors outpace builders in delivering starter homes
A New Western report says independent investors delivered 120,193 homes in the starter segment during 2025.