What To Expect from Mortgage Rates and Home Prices in 2025

Curious about where the housing market is headed in 2025?

Curious about where the housing market is headed in 2025?
You may have heard chatter recently about the economy and talk about a possible recession.
Have you seen where mortgage rates have been lately?
No one likes making mistakes, especially when they happen in what’s likely the biggest transaction of your life – buying a home.
When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with.
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a…
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year…