Real Estate News 10/15/2025

Today’s News Synopsis:

In The News:

Realtor.com – “Bipartisan Bill To Tackle the Housing Crisis Passes the Senate During Government Shutdown“ (10-13-25)

“The Senate passed the ROAD to Housing Act in a 77-20 vote on Friday as part of its version of the National Defense Authorization Act, the $924.7 billion defense spending bill for fiscal year 2026.”

CNBC – “Fed’s Powell suggests tightening program could end soon, opens door to rate cuts” (10-14-2025)

“Federal Reserve Chair Jerome Powell said the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading.”

NAR – “As new tariffs take effect, US consumers footing more than half the burden: Report” (10-14-25)

“The bipartisan ROAD to Housing Act garnered unanimous support for policy changes that would encourage new home construction, provide home loan guidance and authorize disaster recovery efforts.”

MPA Mag – “Mortgage applications slide amid stormy economic outlook“ (10-15-25)

“Mortgage applications across the US declined in the week ending October 10, 2025 as the pace of both home purchases and refinancing slowed, the Mortgage Bankers Association (MBA) reported.”

NAHB – “Stucco No Longer Most-Used Exterior Wall Material” (10-14-2025)

“For the first time since 2018, vinyl siding surpassed stucco as the most used principal exterior wall material. According to the latest annual release of the U.S. Census Bureau’s Survey of Construction (SOC), 26% of homes started in 2024 had vinyl or vinyl-covered aluminum siding as their main exterior wall material.”