Rates have remained relatively stable over the past few weeks. This steadiness gives both buyers and homeowners a clearer picture of what their payments might look like and makes it easier to plan ahead.
For homeowners thinking about refinancing, it may still make sense to explore options such as removing private mortgage insurance (PMI), shortening the loan term, or consolidating a second mortgage or home equity line of credit (HELOC).
The latest confirmed housing data (for August 2025) showed a decline in new home construction starts, which means builders are being more cautious right now.
September’s report was scheduled for release today (October 17), but because of ongoing federal reporting delays, those numbers haven’t yet been published.
This slower pace of new construction suggests that housing supply may stay limited, keeping existing homes in high demand through the fall season.
| If You’re a… | Here’s What to Focus On |
|---|---|
| Homebuyer | Use this period of stability to finalize your financing and move confidently on homes that fit your budget and goals. |
| Seller / Agent | Consistent market conditions often give buyers the confidence to move forward. Homes that show well and are priced fairly will continue to attract attention. |
| Current Homeowner | Even if you’re not looking to move, it may be worth reviewing whether a refinance could improve your financial position. |
October 24: Consumer Price Index (CPI) inflation report — one of the most closely watched economic indicators.
October 28–29: Federal Reserve meeting — markets will be watching closely for signals about the direction of future rate policy.
Housing Starts update: Once the delayed September construction data is released, we’ll provide an update on whether builder activity is rebounding.
We’re in a more predictable phase of the mortgage market, which can be a positive sign for both buyers and sellers. It’s a good time to review your goals, explore options, and make informed decisions without the daily rate swings we’ve seen in the past.
If you’d like a personalized review of your financing options or want help planning your next move, I’m happy to assist.
