Weekly Housing Headlines

Mortgage applications increased 7.1% from one week earlier; the average rate on the 30-year fixed mortgage jumped to 6.33% following the most-recent Fed cut; homeowner equity levels appear to be stabilizing; 27% of for-sale homes are newly built, the lowest share in four years; mortgage application payments decrease to $2,067 from $2,100 in September; and typical home sales netted $123,100 in raw profit, up 1.9% from Q2 but down 3.5% from a year ago.

Mortgage Applications Increased in Latest MBA Weekly Survey
Mortgage Bankers Association - 10/29/2025
Mortgage applications increased 7.1 percent from one week earlier, while the Refinance Index increased 9 percent from the previous week and was 111 percent higher than the same week one year ago.

Mortgage rates jump 20 basis points following Fed cut
CNBC - 10/30/2025
The average rate on the 30-year fixed mortgage jumped to 6.33% Thursday. Markets had already priced in a cut from the Federal Reserve, but they weren’t expecting the Fed chairman’s commentary.

Home Equity Boom: Nearly One In Two U.S. Homes Now Equity-Rich
National Mortgage Professional - 10/24/2025
After several years of rapid equity gains that peaked in 2022, homeowner equity levels appear to be stabilizing as slight shifts seen in recent quarters suggest the housing market may be settling into a more balanced phase.

Redfin Reports 27% of For-Sale Homes Are Newly Built, the Lowest Share in 4 Years
Redfin - 10/29/2025
The pool of existing inventory is rising as more homeowners list and homes linger on the market. At the same time, some builders are refraining from starting new projects as they try to offload inventory.

Mortgage Application Payments Decreased in September
Mortgage Bankers Association - 10/30/2025
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067 from $2,100 in September.

Home sellers kept cashing in during third quarter
Scotsman Guide - 10/27/2025
Typical home sales netted $123,100 in raw profit, up 1.9% from the second quarter but down 3.5% from a year ago, according to ATTOM.

Home Value Growth Slows Further as Prices Drop in 9 of Top 20 Metros
Realtor.com - 10/28/2025
The value of single-family homes in the U.S. as measured by repeat transactions rose 1.5% in August compared to a year earlier, according to data from the S&P Cotality Case-Shiller Index released Tuesday.

Weekly Housing Trends: Latest Data as of Oct. 25
Realtor.com - 10/30/2025
With mortgage rates dipping to 6.19%, data shows that more sellers are seizing the opportunity by listing their homes on the market. At the same time, lower rates are an encouraging sign for buyers.

Climate fears drive Americans to rethink homebuying decisions
Mortgage Professional America - 10/30/2025
A recent survey from Clever Offers, a platform under Clever Real Estate, found that 68% of Americans believe climate change and natural disasters have heightened the risks associated with owning a home.

Bay Area Housing Market Heats Up Amid AI Boom, Return to Office
Redfin - 10/28/2025
Pending home sales jumped 17% year over year in San Francisco last month — more than any other major metro. The typical home also sold in roughly 20 days — over twice as fast as the typical U.S. home.