December 2025

Mortgage applications fall 5% despite rate decline

Mortgage applications decreased 5.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending Dec. 19, 2025. On an unadjusted basis, the index decreased 6% compared with the previous week. The refinance index decreased 6% from the previous week and was 110% higher than

Mortgage applications fall 5% despite rate decline Read More »

Texas proposes property tax cuts for homeowners 55+

Texas Lt. Gov. Dan Patrick recently announced “Operation Double Nickel,” a proposal that would lower the age for senior property tax benefits from 65 to 55 and expand homestead tax exemptions. According to Patrick’s website, the plan “would accelerate school property tax cuts, reduce school property taxes, and freeze appraised values for more than 3.3

Texas proposes property tax cuts for homeowners 55+ Read More »