A growing foreclosure crisis? Not according to the latest Fed data
The latest New York Fed credit report shows U.S. homeowners in strong financial health, with high equity and robust credit quality.
Housing Market
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Mortgage spreads hit lowest level in years, keeping rates near 6%
Improved mortgage spreads have been key to lowering rates near 6% in 2025, enhancing the housing market’s stability.
Powell sends mortgage rates higher as he questions December cut
Mortgage rates rose by 14 basis points after the Fed cut rates, as Powell’s hawkish tone pushed back on December rate cut expectations.
Financially stressed homeowners are delaying essential repairs
A study found that 71% of homeowners have postponed at least one home project in 2025, and 60% are actively delaying essential maintenance.
Renters are moving more than homeowners, but US mobility is historically low
In 2024, just 11% of Americans changed their address, down from 14.3% a decade earlier and nearly half the rate of the 1960s.
Weekly home sales look stronger than normal, but there’s a catch
Recent housing data shows volatility due to holiday effects and an AWS outage, impacting pending sales and inventory figures.
Ohio moves to tie property tax increases to inflation
Legislators said safeguards were added to prevent local governments from cutting millage only to restore it later after raising other taxes.
Existing home prices firmed up in September
Existing home sales show year-over-year growth as inventory stabilizes, with mortgage rates near 6% and improved market conditions.
Federal Home Loan Bank of Dallas awards $73.5M to affordable housing projects
This year’s grants will fund the construction or rehabilitation of more than 3,700 housing units across six states.
What the latest mortgage data tells us about home sales in 2026
As U.S. mortgage rates rise above pre-pandemic levels, the housing market faces shifts in homeowner behavior and sales dynamics.