Thursday, April 2nd, 2026
April 2, 2026

The 30-year fixed-rate mortgage edged up, averaging 6.46% this week. With spring homebuying season in full swing, aspiring buyers should remember to shop around for the best mortgage rate, as they can potentially save thousands of dollars by getting multiple quotes.

  • The 30-year fixed-rate mortgage averaged 6.46% as of April 2, 2026, up from last week when it averaged 6.38%. A year ago at this time, the 30-year FRM averaged 6.64%.
  • The 15-year fixed-rate mortgage averaged 5.77%, up from last week when it averaged 5.75%. A year ago at this time, the 15-year FRM averaged 5.82%.

Information provided by Freddie Mac.

Posted in Interest Rates |
Thursday, April 2nd, 2026
Posted in Listings and Pendings |
Thursday, April 2nd, 2026
Posted in Inventory |
Thursday, April 2nd, 2026
For Week Ending March 21, 2026

U.S. housing starts rose 7.2% month-over-month to a seasonally adjusted annual rate of 1,487,000 units, up from a revised 1,387,000 in December, according to the U.S. Census Bureau. The latest reading marks the third consecutive monthly gain and the highest level since February 2025. On a year-over-year basis, housing starts grew 9.5%.

In the Twin Cities region, for the week ending March 21:

  • New Listings decreased 7.0% to 1,293
  • Pending Sales decreased 5.5% to 934
  • Inventory increased 3.7% to 8,460

For the month of February:

  • Median Sales Price remained flat at $380,000
  • Days on Market remained flat at 69
  • Percent of Original List Price Received decreased 0.3% to 97.4%
  • Months Supply of Homes For Sale increased 4.8% to 2.2

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Posted in Weekly Report |
Thursday, March 26th, 2026
March 26, 2026

Mortgage rates this week averaged 6.38%. The housing market continues to show gradual improvements compared to a year ago amid recent rate volatility. Purchase and refinance applications are up year-over-year, and rates remain lower than last year when they averaged 6.65%.

  • The 30-year fixed-rate mortgage averaged 6.38% as of March 26, 2026, up from last week when it averaged 6.22%. A year ago at this time, the 30-year FRM averaged 6.65%.
  • The 15-year fixed-rate mortgage averaged 5.75%, up from last week when it averaged 5.54%. A year ago at this time, the 15-year FRM averaged 5.89%.

Information provided by Freddie Mac.

Posted in Interest Rates |