Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
Mortgage rates inched up at the start of the year to the highest level in nearly six months, portending another tough year for the U.S. housing market. The 30-year mortgage rate remains at the highest level since July 2024. It averaged 6.91% as of Jan. 2, according to data released by Freddie Mac on Thursday.
US Mortgage Rates Approach 7% in Ominous Sign for Housing Market
US mortgage rates climbed closer to 7%, threatening to squeeze buyers trying to crack into the housing market.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe average on a 30-year mortgage rose to 6.
Mortgage rates rise to highest point in nearly 6 months
The mortgage rate in crease is occurring with the price of homes increasing steadily and pending property deals on the rise.
Average Rate for 30-Year Mortgage Reaches 6-Month High
The average rate for a 30-year mortgage climbed to 6.91 percent from 6.58 last week, mortgage buyer Freddie Mac said Thursday.
Mortgage rates kick off 2025 with an increase, nearing 7%
Mortgage rates climbed again for a third consecutive week to the since since July, with the 30-year fixed-rate average rising to just under 7% as the housing market remains stalled.
Average mortgage rate highest since July
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages.
The frozen housing market shows few signs of thawing as 2025 begins
The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger.
Real Estate Agents: 3 Biggest Challenges the Housing Market Will Face in 2025
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Texas Could See Increase in People Moving to State as Housing Market Shifts
The Texas housing market is experiencing a mix of trends, with rising home prices and increased sales. The median home price ...
Marketplace4d
What will it take to get the stalled housing market moving in 2025?
If the housing market is a roller coaster, mortgage rates are at the controls. If they drop, things could speed up.
The housing market is ending 2024 with ‘stale’ supply
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Housing supply surges to the highest in 4 years as homes sit on the market for longer amid high prices
Redfin data shows home listings climbed 12% year-over-year last month, with Florida and Texas in particular seeing a surge in ...
Newsweek3d
Housing Market 2025: Where and When To Buy and Sell, According to Experts
Homebuyers and homeowners have been waiting on the sidelines of the U.S. housing market for years now, holding back for the right moment to buy and sell. Could this finally be 2025? Experts think ...
Rachel Cruze’s 2025 Housing Market Predictions — and What They Mean for Homebuyers
Over the last few years, the housing market has been an unconventional mix of high interest rates, skyrocketing prices and low inventory. But that's not all that's made it hard for buyers. The lack ...
2025 to bring changes to Tampa housing market
FOX 13's Linda Hurtado speaks with Vincent Arcuri of Real Broker, a real estate company, about possible changes coming to ...
Denver housing market: Cautious optimism for 2025 despite challenges
Denver area realtors are cautiously optimistic about the housing market in 2025. After a largely static year, realtors expect ...
Austin Realtors economist predicts 2025’s housing market to follow 2024’s trends
AUSTIN (KXAN) — Home sellers and potential buyers in the Austin-Round Rock-San Marcos metropolitan statistical area (MSA or ...