Despite months of forecasts that the pace would slacken, the U.S. economy is still running well above expectations. But, as recent revelations by Torsten Sløk, the Chief Economist for Apollo Global Management wrote, growth in America remains robust and resistant—perhaps that explains why Wall Street has been so wrong about a recession. “The consensus has […]
U.S. New-Home Sales Surge 20% as Builders Slash Prices and Mortgage Rates Ease
In an astonishing shift for the U.S. housing market, new-home sales soared more than 20% in August 2025, their fastest pace since early 2022. Sales of new single-family homes increased to an annualized rate of 800,000, the pace at which they would sell over a year, according to the most recent government data, suggesting fresh […]
What Mortgage Rates Falling Below 6% Would Really Mean for Homebuyers
So what have would-be home buyers been waiting for for much of the past two years? Recent projections released by Fannie Mae and the National Association of Realtors® (NAR) suggest that it may not be far away—and it could be the spark many prospective buyers have been waiting for. Why 6% Matters NAR analysts believe […]
How the Government Shutdown Could Impact Mortgage Rates and the Housing Market
The latest shutdown of the federal government has formally commenced, and it’s anyone’s guess how long it will last — and just how much it will impact the U.S. economy and housing market. Though early impacts are modest, economists caution that prolonged paralysis could disrupt financial markets, delay real estate transactions and inflate wobbles in […]
Gen Z and Mortgages: Understanding the Next Generation of Homebuyers
The mortgage businss is at the cusp of a generational turnover. As Millennials move into their middle-age housing years, Generation Z — nearly everyone born between 1997 and 2012 — is starting to arrive. Young as they may be, their expectations and behavior are alreazdy reshaping real estate and lending’s future. For lenders, brokers and […]
Americans call $74K the perfect salary — but it buys a home in only two states
According to a recent survey, Americans believe $74,000 per year leads to the ideal level of financial comfort. Though the number is above the national median income and enough to rent in most cities, it’s still a long way from bringing homeownership within reach for many people across the country. The Housing Affordability Gap According […]
U.S. Home Sales Poised for Worst Year Since 1995 as Market Gridlock Deepens
The U.S. housing market is poised for its most significant year in decades. The report predicts sales of existing homes will end 2025 at about the same point they did in 2024, which was the smallest figure since 1995: approximately 4.05 million units. Buyer and Seller Caution Keeps Market Icy Yet even with slightly lower […]
U.S. GDP Growth Surges Toward 4% in Q3 Amid Strong Consumer Spending
The U.S. economy is starting to run hotter than previously thought, and now looks likely to clock growth of as much as 4% in the third quarter. Shrugging aside persistent fears of a recession from some analysts, new data underscores strengthening momentum built largely on resilient consumer demand. Solid Q2 Lays the Groundwork for Q3 […]
Smart Strategies to Pay Off Your Mortgage Faster
For the majority of homeowners, their mortgage is the largest financial commitment they will ever make. The traditional mortgage term may span decades, but you don’t have to wait 25 or even 30 years to be mortgage-free. By planning smart and having discipline, you can pay off your mortgage a lot faster — saving up […]
Should You Break Your Mortgage Early? Pros and Cons
When you sign onto a mortgage, the terms are locked in for a set period —say 3, 5 or even 10 years. But the universe doesn’t always cooperate with those timelines. Whether it’s a job change, growing family or changing financial objectives, you might even ask yourself: Should I break my mortgage? At its most […]