Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over the past year led to an overbuild of speculative homebuilder inventory in — formerly booming — Sun Belt and Mountain West markets. Builders […]

It finally happened today: We got mortgage rates under 6% for a short time. Can we get some traction for that level? Well, one aspect of the mortgage-rate story really improved today; we had a monster day in mortgage spreads, improving overnight to push rates down over 20 basis points without much help from the

Homes remained less affordable than historic norms in nearly every U.S. county at the end of 2025, despite modest improvements late in the year, according to ATTOM’s latest U.S. Home Affordability Report, released Thursday. In 586 of the 594 counties analyzed (or 99%), median-priced single-family homes and condominiums were less affordable than historic averages in