The last week of November brought major immigration rollbacks, TPS terminations, new calls for a “permanent pause” on migration, and a housing market shaped by 13-month-low mortgage rates and falling pending sales.

1. Nearly 200,000 Ukrainians in the U.S. stuck in legal limbo

A large number of Ukrainians remain in uncertainty as humanitarian protections expire and renewals tighten. Some have already left the U.S. to avoid the risk of detention.

2. DHS ends Temporary Protected Status (TPS) for Burma/Myanmar

The administration formally terminated TPS for Burma, giving beneficiaries a limited transition window to change status or depart. Advocates warn many may struggle to find lawful alternatives.

3. Notice published ending TPS for Haiti

The official notice confirms that Haitian TPS protections will phase out.
Thousands could be forced to return to a country facing political and economic instability.

4. Trump proposes a “permanent pause” on migration from developing countries

Following a violent incident in Washington D.C., the President announced plans to halt migration from “third world countries.” The proposal includes visa restrictions and stricter asylum criteria.

5. U.S. instructs diplomats to pressure partners to curb mass migration

A diplomatic cable asked embassies to negotiate measures limiting large-scale migration flows. The move deepens the externalization of U.S. border enforcement.

6. Inventory begins to level off as lower rates revive buyer interest

Housing data showed inventory stabilizing in some regions. Falling mortgage rates prompted renewed activity among price-sensitive buyers.

7. Pending home sales fall 2.1% year over year

This marks the steepest annual decline since April. Higher borrowing costs and shifting price expectations continue to cool demand.

8. Mortgage rates drop to 13-month lows

Average 30-year fixed rates fell to the 6.13–6.29% range. The decline opens opportunities for refinancing and buyer re-entry.

9. Existing-home sales rise 1.5% MoM and 4.1% YoY

Lower rates and modestly improved inventory supported a rebound in existing-home transactions. The mid-price segment showed the strongest gains.

10. Markets post their best week since April as affordability fears grow

Stocks rallied on expectations of a potential rate cut. Analysts warned that in some major metros the “real poverty line” may approach $140,000, driven largely by housing costs.