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The Money Overview

Real Estate

Housing market coverage, home buying and selling, mortgages, rentals, and property investment. From market trends to the practical decisions involved in owning or renting.

Latest in Real Estate

Market Trends

Sellers outnumber buyers by 46.5% in April’s housing market — the gap narrowed for a fourth straight month, but it’s still firmly a buyer’s market

The imbalance between sellers and buyers in the U.S. housing market shrank for a fourth consecutive month in April, but at 46.5%, the gap remains...

Mortgages & Rates

The 30-year mortgage just spiked to 6.57%, its highest level since late March — because Friday’s bond selloff pushed Treasury yields to 18-year highs

The 30-year mortgage just spiked to 6.57%, its highest level since late March — because Friday’s bond selloff pushed Treasury yields to 18-year highs The...

Mortgages & Rates

Friday’s bond rout pushed the 30-year Treasury back above 5% — every new mortgage, car loan, and student loan in America just got more expensive

If you are shopping for a house, a car, or a college degree this summer, the price of borrowing just jumped. On May 13, 2026,...

Mortgages & Rates

The 30-year mortgage was 6.27% this morning — but the 30-year Treasury just crossed 5%, and the last time that happened, mortgages hit 7.79%

If you’re shopping for a home in June 2026, a 30-year fixed rate of 6.27% already stings. But the bond market is signaling it could...

Mortgages & Rates

The 30-year mortgage averaged 6.37% but spiked to 6.54% after the CPI report — and 6% wholesale inflation means it’s not coming back down

Spring was supposed to bring lower mortgage rates. Instead, it delivered a gut punch. The 30-year fixed mortgage averaged 6.37% for the week ending May...

Market Trends

Existing home sales barely rose 0.2% in April — but inventory jumped 5.8% to 1.47 million homes, the most buyer leverage since the pandemic

Buyers walking into open houses this spring are encountering something that hasn’t existed since before the pandemic: breathing room. Existing home sales crept up just...

Mortgages & Rates

The 30-year mortgage spiked to 6.54% after the CPI report — the highest daily rate in six weeks

Mortgage rates surged on May 12, 2026, after a hotter-than-expected inflation report rattled bond markets and forced lenders to reprice their rate sheets before lunch....

Market Trends

Builders slashed new home prices 6.2% in a year to $387,400 — because 481,000 unsold homes are sitting on the market

The sticker price on a brand-new American home just dropped to a level that would have seemed impossible during the pandemic housing frenzy. According to...

Mortgages & Rates

The 30-year mortgage held at 6.37% the same week wholesale inflation hit 6% — the 10-year Treasury just climbed to its highest yield in 10 months

Homebuyers who locked in a 30-year fixed mortgage this week are paying 6.37%, according to Freddie Mac’s Primary Mortgage Market Survey. That number barely moved...

Market Trends

Builders slashed new home prices 6.2% in a year to $387,400 — because 481,000 unsold homes are sitting on the market

One year ago, signing a contract on a newly built home in the United States meant agreeing to a median price of $412,900. By March...

Mortgages & Rates

The average new home loan hit a record $467,300 — and 3.8% inflation guarantees mortgage rates won’t drop to help

A buyer closing on a home today is borrowing more money than at any point in American history. The average new purchase mortgage reached $467,300...

Mortgages & Rates

The 30-year mortgage dipped to 6.19% today — but 3.8% inflation just crushed any remaining chance of a rate cut this year

For roughly 24 hours in mid-May 2026, homebuyers caught a break. The average 30-year fixed mortgage rate slipped to 6.19%, its lowest level in months,...

Market Trends

Builders slashed new home prices 6.2% in a single year — the median dropped to $387,400, the lowest since 2021 — because 481,000 unsold homes are sitting on the market

The sticker price on a brand-new American home now starts with a three for the first time in five years. In March 2026, the median...

Mortgages & Rates

The 30-year mortgage averaged 6.37% last week — up from 6.02% in April — and the spring rate dip that buyers were counting on is gone

The numbers were finally cooperating. During the week of April 17, 2026, the 30-year fixed mortgage rate fell to 6.02%, its lowest point of the...

Market Trends

New home prices just dropped to $387,400 — the lowest since July 2021 — because builders are slashing prices faster than rates are climbing

A year ago, a buyer shopping for a brand-new house in the United States would have faced a median price tag north of $400,000 and...

Mortgages & Rates

Four straight weeks of mortgage rate increases wiped out the spring dip — the 30-year is back to 6.37%, and the average new home loan hit a record $467,300

A month ago, a buyer financing $467,300 over 30 years could lock in a rate near 6.16%. That window is closed. The 30-year fixed mortgage...

Mortgages & Rates

The number of “equity-rich” homeowners just dropped to the lowest level since 2021 — and HELOC delinquencies are climbing at the same time

For the first time in four years, fewer than half of mortgaged U.S. homes qualify as “equity-rich,” meaning the owner owes less than 50% of...

Mortgages & Rates

Mortgage rates climbed back to 6.37% — the spring dip to 6.02% is completely gone — and the average new purchase loan just hit a record $467,300

That brief stretch this spring when mortgage rates dipped below 6.1% and buyers started feeling a flicker of optimism? It is over. The average 30-year...

Mortgages & Rates

Mortgage rates climbed back to 6.37% this week — the fourth consecutive increase — as the Iran war keeps pushing Treasury yields higher

Homebuyers hoping for a break on borrowing costs this spring are not getting one. The average 30-year fixed mortgage rate climbed to 6.37% for the...

Market Trends

Home prices dropped in 28 of America’s 53 largest metros — and 7 of the 10 fastest-falling markets are in Florida

Cape Coral. North Port. Tampa. Palm Bay. Lakeland. Deltona. Jacksonville. Seven Florida metropolitan areas now rank among the ten fastest-falling housing markets in the country,...

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