August 14, 2025
Mortgage rates fell to their lowest level since October. Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates.
Information provided by Freddie Mac.
August 14, 2025
Mortgage rates fell to their lowest level since October. Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates.
Information provided by Freddie Mac.
U.S. housing starts rose 4.6% month-over-month to a seasonally adjusted annual rate of 1,321,000 units, according to the U.S. Census Bureau. Single-family housing starts decreased 4.6% from the previous month to a seasonally adjusted annual rate of 883,000 units, while multi-family starts jumped 30.6% to 414,000 units.
IN THE TWIN CITIES REGION, FOR THE WEEK ENDING AUGUST 2:
FOR THE MONTH OF JUNE:
All comparisons are to 2024
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
August 7, 2025
The 30-year fixed-rate mortgage dropped to its lowest level since April. The decline in rates increases prospective homebuyers’ purchasing power and Freddie Mac research shows that buyers can save thousands by getting quotes from a few different lenders.
Information provided by Freddie Mac.
Nationally, active listings reached 1.08 million in June, a 28.9% increase from a year earlier, according to Realtor®.com’s June 2025 Monthly Housing Market Trends Report. The typical home spent 53 days on the market, five days longer than last June, while 20.7% of listings had price reductions, the highest June share since at least 2016.
IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JULY 26:
FOR THE MONTH OF JUNE:
All comparisons are to 2024
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
July 24, 2025
This week, the 30-year fixed-rate mortgage essentially remained flat at 6.74%. Overall, the backdrop for the housing market is positive as the economy continues to perform well with solid employment and income growth.
Information provided by Freddie Mac.
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All information deemed reliable but not guaranteed and should be independently verified.