Long-term mortgage rate ticks up slightly to 6.16%

The average rate on a 30-year U.S. mortgage edged higher this week to just above its 2025 low. The average long-term mortgage rate rose to 6.16%, mortgage buyer Freddie Mac said Thursday. That’s up slightly from 6.15% last week, when the average rate dropped to its lowest level since October 3, 2024. One year ago,ContinueContinue reading “Long-term mortgage rate ticks up slightly to 6.16%”

5 ways Trump’s proposed institutional single-family home-buying ban could affect the housing market

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. On Wednesday, President Donald Trump announced: “I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it.” Soon afterward, Sen. Bernie Moreno (R-OH) tweeted that he’ll “introduce legislation inContinueContinue reading “5 ways Trump’s proposed institutional single-family home-buying ban could affect the housing market”

IRS will accept 2025 tax returns starting Jan. 26

Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline. Tax experts, including the IRS’ independent watchdog, have warned that this year’s filing season could be hampered by the loss of tens of thousands ofContinueContinue reading “IRS will accept 2025 tax returns starting Jan. 26”

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