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Homebuyers Pausing Purchases as Rates Continue to Climb

USA Real Estate News-RISMedia - Wed, 2026-09-16 15:16

Homebuyers and owners looking to refinance pushed the pause button again this week as rates soared over 7%, a move economists attribute to ongoing economic uncertainty and geopolitical forces, namely the continuing conflict in the Middle East.  The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volume and…

The post Homebuyers Pausing Purchases as Rates Continue to Climb appeared first on RISMedia.

Fed Unanimously Raises Rates With Housing Market ‘Losing Momentum’

USA Real Estate News-RISMedia - Wed, 2026-09-16 14:32

After their long-awaited meeting, the Federal Open Market Committee (FOMC) unanimously voted to raise federal funds rates by a quarter of a percentage point, moving the target range for interest rates 25 basis points, from 3.5%-3.75%, to 3.75%-4%. During a press conference following the meeting, Fed Chairman Kevin Warsh cited the data from this past…

The post Fed Unanimously Raises Rates With Housing Market ‘Losing Momentum’ appeared first on RISMedia.

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Featured Listing

3005 Pickford Way, 52494723, Hayward, Detached,  for sale - Sample Agent, InCom Real Estate - Sample Office

Seller is offering a 3-2-1 rate buydown! Enjoy reduced payments in the early years: 3.5% in Year 1, 4.5% in Year 2, and 5.5% in Year 3, with the rate settling at 6.5% from Year 4 onward. Special terms may apply. Rates and terms subject to lender approval and buyer qualification. Exceptional single-family residence situated on an expansive 10,605 SF lot (Parcel 1) in scenic Fairview! This 3-bedroom, 2-bathroom home features approx. 2,015 SF of total functional living space, including a bright approx. 1,498 SF primary floor plan complemented by a 517 SF sunroom suitable for versatile living, entertaining, or a home office. Recently remodeled with newer flooring, updated kitchen and bathrooms. Enjoy a nice skyline view from the home, along with a spacious private front yard and a sprawling private backyard on a quiet, low-density interior street. Excellent location with quick access to I-580, Highway 238, Hayward BART, Downtown Hayward, and scenic Five Canyons hiking trails.

View 3005 Pickford Way