Real Estate News
30-year mortgage money is at 6.38%, 15- year 5.86%, FHA 30 year is 6.0%, Jumbo 6.45%.
Existing home sales in the South rose by 12.05% from the previous month and 19.23% year over year. "Home sales momentum is building. More buyers have entered the market as the economy continues to add jobs, housing inventory grows compared to a year ago, and consumers get used to a new normal of mortgage rates between 6% and 7%." Source: Mortgage News Daily
Sales of new single-family homes in September 2025 rose 12.05% above the previous month and 19.23% over the previous September. Source: Mortgage News Daily
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Source: Mortgage News Daily