June 16, 2025

new construction

Mortgage

Mortgage rates dip as inventory grows

As we close out the first week of June 2025, the U.S. housing market continues to send mixed signals. Mortgage rates moved modestly but ended the week slightly lower, while buyer demand remained tepid. Inventory is rising nationwide, reshaping negotiations and hinting at a potentially cooler summer. Mortgage rate snapshot: Where we stand now Mortgage

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Banking

Why developers are building more apartments right now

In April, the total number of single-family homes that started construction was down 12% from a year ago, according to the most recent reading from the Census Bureau. But if you look a few columns over, you’ll see the number of buildings with five units or more — think: apartment buildings —was up nearly 29%

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