Latest / Real Estate News Today | 2 Min News | The Daily News Now!
Rates Surge as Housing Market Shifts | Real Estate News
Mortgage rates just hit 7.07% — the highest in 16 months — sparking fears the Fed might raise rates again next week, with odds now at 70%. As home sales plummet to their lowest since June 2025 and inventory surges to a 10-year high, buyers are gaining leverage while sellers slash prices. Yet, applications are down 3%, as rising costs make homeownership harder to afford — even as more homes become available for those willing to pay up. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.