New Listings and Pending Sales
Reply
Inventory
New Listings and Pending Sales
Inventory
Existing Home Sales
New Listings and Pending Sales
Inventory
New Listings and Pending Sales
Inventory
Mortgage Rates Continue to Fall
March 6, 2025
As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September. The decline in rates increases prospective homebuyers’ purchasing power and should provide a strong incentive to make a move. Additionally, this decline in rates is already providing some existing homeowners the opportunity to refinance. In fact, the refinance share of market mortgage applications released this week reached nearly 44%, the highest since mid-December.
Information provided by Freddie Mac.