Real Estate News 12/17/2025

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Today’s News Synopsis:

Mortgage demand slipped again after the Fed’s latest rate cut, as home loan and refinance applications fell 3.8% last week when mortgage rates unexpectedly moved higher.

In The News:

 

CNBC – “Mortgage rates move higher after the Fed rate cut, causing loan demand to drop (12-17-25)

“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, 806,500 or less, increased to 6.38% from 6.33%”

MIT Technology Review – What even is the AI bubble?(12-15-2025)

“Everyone in tech agrees we’re in a bubble. They just can’t agree on what it looks like — or what happens when it pops.”

FOX Business – Is now the right time to refinance a mortgage?” (12-15-25)

“Only borrowers with rates above 6.65% would benefit from current market conditions, economist says”

NAR – A Mortgage Rate Drop to 6% Would Ring in More Home Buying (12-12-25)

“Mortgage rates have been moderating in recent weeks, and the 30-year fixed-rate mortgage could dip to 6% in the new year, if real estate predictions hold. That would be a notable decrease from the 7% rates seen at the start of 2025—and it could unleash a group of home buyers who had been sidelined in the market.”

USA Today – Fed rate cut brings lower credit card costs while mortgage relief lags (12-16-25)

“Forecasts vary for how many more times the Fed could cut interest rates in 2026. Some say one, two or even three more rate cuts ahead.”

 

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