Housing

• Mortgage refinances surged again, but rates are now suddenly jumping higher - Mortgage refinancing jumped sharply higher for the second straight week, as interest rates fell further, but that boom may be about to bust.
• Democrat Khanna refloats bill to block investors from buying up homes after Trump proposal - President Donald Trump is cultivating an affordability agenda as he and Republicans sink in the polls.
• Existing home sales end 2025 with a strong beat, as prices ease further - Home sales ended 2025 much stronger than expected, likely thanks to lower mortgage rates and easing home prices.
• Here’s what’s happening now with mortgage rates after Trump's latest push on housing affordability - President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.
• Hopes rise for Chinese property support ahead of key March meeting - China may be reassessing its approach to the property sector after a flagship party journal urged more forceful measures.
• Real estate agents say the housing market is starting to balance out - The latest housing survey shows agents slightly more optimistic about the new year, and shows a previously strong buyer's market becoming more balanced.
• Mortgage demand drops nearly 10% to end 2025, despite lower interest rates - The Mortgage Bankers Association's seasonally adjusted index reported a 9.7% drop in total mortgage applications despite decreased mortgage rates.
• Home prices are getting slightly more affordable, but down payments are still holding buyers back - Housing is getting more affordable thanks to lower prices and lower mortgage rates, but it still takes more time to save for a down payment than pre-pandemic.
• November home sales struggle as supply stalls - Existing home sales edged slightly higher as prices continued to rise and supply dropped. The higher end of the market is performing better.
• Mortgage rates move higher after the Fed rate cut, causing loan demand to drop - Mortgage rates moved higher after the Fed cut interest rates last week. That caused demand to drop for both home buying and refinancing.