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Market News • February 7, 2025

What’s Up with Real Estate? Friday, February 7, 2025

by John Ward

National news and local views for the week ending Friday, February 7, 2025

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Market News Mortgage Rates Hit Lowest Point So Far This Year If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market. That’s because mortgage rates have been trending down lately – and that gives you a chance to jump back in. Mortgage rates have been declining for seven straight weeks now, according […]
Buying Buyer Bright Spot: There Are More Homes on the Market The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates. And if you’re trying to buy a home, it’s easy to worry you won’t be able to find something in your budget. But here’s what you need to know. The number of homes for sale has grown a whole […]
Buying How Mortgage Rates Affect Your Monthly Payment Experts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn’t try to time the market. Instead, it’s better to focus on how even a small change impacts your future mortgage payment. As rates come down, even a little bit, your monthly payment on your next […]
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