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  • Mortgage rates average 7.28%

    Mortgage rates average 7.28%

    According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 7.28% as of Oct. 1, 2026.

    “With mortgage rates on their current trajectory, the housing market continues to be supported by favorable economic conditions,” said Sam Khater, Freddie Mac’s Chief Economist.

    The current 30-year FRM averaged 7.28%, up from 7.03% the previous week. A year ago at this time, the 30-year FRM averaged 6.34%. The 15-year FRM averaged 6.60%, up from 6.42% the previous week. A year ago at this time, the 15-year FRM averaged 5.55%.

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  • Housing market could stabilize within 5 years

    Housing market could stabilize within 5 years

    According to Redfin, housing costs could stabilize within the next five years if mortgage rates fall to 6% and home price growth remains steady. On the other end, the housing economy could stabilize at a slightly longer rate, six years, if mortgage rates remain the same, at about 7.5%, and home price growth flattens.

    “Many house hunters feel stuck between two bad options: Stretch themselves to buy at today’s rates or wait for lower rates only to see prices climb further out of reach,” said Redfin Senior Economist Asad Khan. “But prospective buyers shouldn’t get hung up on timing the market. These hypothetical scenarios should give would-be buyers and sellers some hope that the market can normalize with only modest changes in rates or prices.”

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  • Brookfield Residential delivers wildfire-resilient homes in Altadena

    Brookfield Residential delivers wildfire-resilient homes in Altadena

    In late September 2026, Brookfield Residential welcomed the first homeowners back to La Viña following the early 2025 Eaton Fire, which destroyed 52 homes in the community.

    By partnering with municipal officials to deploy pre-approved design catalogs, the developer delivered quick turnaround times, with the residents moving in only six months after groundbreaking. All units were completed on or under budget while achieving Insurance Institute for Business & Home Safety (IBHS) enhanced wildfire-resilience certification.

    “After witnessing their many different tragedies, it’s been exceptionally heartwarming to help these families return home,” said Brookfield Residential President and Chief Executive Officer Adrian Foley. “It’s also been instructive for homebuilders such as Brookfield Residential to collaborate on efficient and resilient methods of rebuilding in response to disasters.”

    Foley is also a cofounder of the Builders Alliance, a non-profit that brings together homebuilders for fire rebuild efforts. Brookfield Residential has projects in development in Altadena and under pre-development agreements in the Palisades.

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  • Tri Pointe Homes acquires 85.6 acres for new Austin community

    Tri Pointe Homes acquires 85.6 acres for new Austin community

    Tri Pointe Homes, one of the nation’s largest homebuilders, announced the acquisition of 85.6 acres in Northwest Austin, Texas. 

    The company says that it intends to deliver an estimated 410 homesites in the community, Pearson Ranch. 

    Plans for the community include a mix of 40-, 45-, and 50-foot single-family homes and two elevations of attached row townhomes across multiple phases. 

    “We value the opportunity to develop this large portion of Pearson Ranch and bring much-needed housing to the region across a variety of price points,” said Bryan Havel, Division President of Tri Pointe Homes Austin. “With Williamson County’s proximity to major employers and convenient location, it’s no surprise that it is growing by approximately 25,000 residents per year and is among the top 10 fastest-growing counties in the U.S. We’ve put a lot of thought into how to best design and plan this desirable infill location for the benefit of those who will live here. We look forward to watching Pearson Ranch grow into a diverse, amenity-rich, mixed-use community.”

    Tri Pointe Homes also noted that the acquisition supports the Austin division’s continued growth.

    Land development for the community is likely to start in early 2027, with sales expected to begin in 2028. 

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    Photo courtesy of Tri Pointe Homes

Exclusive Feature >

  • Mortgage rates average 7.28%

    Mortgage rates average 7.28%

    According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 7.28% as of Oct. 1,…

    by

    Taylor Moore

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