Transaction activity slowed across much of the housing market as mortgage rates remained elevated, but metros where homes remain within reach of buyers continued outperforming higher-priced markets. Mortgage rates remained above 6.64% for most of the week, creating another headwind for housing deman

We have bad news and slightly less bad news. Starting with the latter, today's mortgage rates are only marginally higher than they were yesterday with the average top tier 30yr fixed rate up 0.02%. The bad news is that this takes our rate index to 6.77%--the highest level since July 28th, 2025.  Mor

The homebuilder posted net income of $472 million, or $2.48 per share, down from $608 million but still more than analysts expectations of $2.36 per share.