A government shutdown may start as a political standoff in Washington, but its reach quickly extends to Main Street--and nowhere is that more visible than in housing.
After a strong start to the year, the U.S. housing market hit a patch of weakness in July, with home-price growth slowing to its lowest level in 2025 and signaling that a broader cooling trend may be underway.
U.S. pending home sales climbed in August 2025, marking both monthly and annual gains as easing mortgage rates pulled more buyers back into the market.
Homebuyer affordability strengthened in August for the fourth consecutive month, as easing mortgage rates and rising incomes helped reduce monthly housing costs, according to new data from the Mortgage Bankers Association (MBA).
Commercial and multifamily mortgage debt outstanding rose by $47.1 billion in the second quarter, reaching a record $4.88 trillion, according to new data released by the Mortgage Bankers Association.