The 30-year fixed-rate mortgage averaged 6.66% in the week ending July 30, up from 6.58% the previous week, Freddie Mac reported.
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US Median Lot Value Declines for First Time Since 2019
The US median lot value fell to $59,000 in 2025 from $60,000 a year earlier, marking the first decline since 2019, the Census Bureau and NAHB reported.
US Personal Income and Outlays for June
Personal income rose 0.2% and personal consumption expenditures increased 0.3% in June.
US Weekly Initial Jobless Claims Increase in the Week Ending July 25
The advance figure for seasonally adjusted initial unemployment claims was 197,000, an increase of 9,000 from the previous week’s revised level of 188,000.
Federal Reserve Holds Federal Funds Rate at 3.5–3.75%
The Federal Reserve held the federal funds rate at 3.50–3.75% in a 9–3 vote, with three officials favoring a 0.25-point increase.
FHFA House Price Index Rises 0.3% in May
The FHFA House Price Index rose 0.3% in May and 2.2% year-over-year.
US Mortgage Applications Drop in the Week Ending July 24
Mortgage loan application volume decreased 6.4% on a seasonally adjusted basis from one week earlier, MBA reported.
US Residential Vacancy and Homeownership Rates Remain Stable in Q2
The US rental vacancy rate held at 7.3% in Q2, while the homeowner vacancy rate was 1.2% and homeownership remained at 65.0%.
S&P Cotality Case-Shiller Index Reports 1.1% Annual Gain in US Home Prices in May
US home prices rose 1.1% year-over-year in May, up from a 0.9% gain in April.
US Apartment Completions Remain Concentrated in Buildings With 50+ Units
Buildings with 50 or more units accounted for 57% of US multifamily completions in 2025, the highest share since 2021, the Census Bureau and NAHB reported.