MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 3/23/2026 – 3/30/2026

Did You Know?

* When buying a home, evaluating the water supply is important: Some countries are using 10–30x more water than their natural supply can sustain. Kuwait has the highest water stress level in the world at 3,850%. The U.S. water stress level is 28.2%, making it the 58th highest water-stressed nation globally. (UN Food and Agriculture Org)

* Who is watching you?  In Russia, around 250,000 cameras with facial recognition are used to identify protesters and dissidents. In China, it’s almost 500 cameras per 1,000 people! In New York, it’s just around 10 per 1,000….. Seoul and Singapore have 18-24 cameras per 1,000 …..Hyderabad has 79 cameras per 1,000 ……and also very low crime rates.  (Comparitech)

Mortgage Rate Updates:

The average rate on a 30-year fixed mortgage rose to 6.38% as of March 26th after trending near its lowest levels of the year in previous weeks according to data from Freddie Mac. The uptick tracked a climb in Treasury yields as investors weighed heightened inflation concerns fueled by the ongoing war in Iran and a pause in interest rate cuts by the Federal Reserve. “The 30-year fixed-rate mortgage averaged 6.38% this week but remains lower than last year when rates averaged 6.65%. The housing market continues to show gradual improvements compared to a year ago amid recent rate volatility with purchase and refinance applications up year-over-year,” said Sam Khater, Freddie Mac’s chief economist.

Source: Freddie Mac