Real Estate News 05/30/2025

Today’s News Synopsis:

In The News:

Yahoo Finance  – “Mortgage rates spend another week stuck near 7%” (05-30-25)

“Mortgage rates rose slightly this week as Treasury yields moved modestly higher.“

CNBC – “Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows“ (05-30-2025)

“The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%.”

Zillow – “Northeast Buyers Battle It Out While the Sun Belt Cools Off“ (05-29-25)

“Zillow reveals the markets where buyers face fierce competition and where deals are easier to score”

Redfin – “HOA vs. CDD: Why You Need To Understand the Difference“ (05-28-25)

“Imagine finding your dream home – the perfect layout, ideal location, and then, boom. Hidden fees and regulations surface that leave you scratching your head. It’s a common scenario for new homeowners, and often, the culprits are two acronyms you might not fully grasp: HOA and CDD. ”

Reuters  – “US pending home sales fall sharply in April”(05-29-25)

“Contracts to buy U.S. previously owned homes fell more than expected in April as rising mortgage rates and economic uncertainty weighed on demand.”