Navigating Today's Housing Market

The topic page covers the evolving dynamics of the U.S. housing market, focusing on the impact of mortgage rates, home prices, and rental costs. It explores how rising mortgage rates and home prices have made homeownership less affordable, driving many to rent instead. The content discusses the role of real estate investors, regulatory changes affecting real estate commissions, and the growing interest in alternative housing options like tiny homes. Additionally, it highlights regional variations in housing trends, the influence of economic factors such as inflation, and predictions for future market conditions. Guidance for prospective buyers and renters, including financial strategies and new legislation, is also provided.

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Mortgage rates shot higher this week

Rates are a victim of economic uncertainty and a weak bond market

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Economic turmoil caused by uncertainty over tariffs has reversed mortgage rates’ downward trend.

Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 6.83%, up from 6.62% the previous week, a significant one-week rise.

“The 30-year fixed-rate mortgage ticked up but remains below the 7% threshold for the thirteenth consecutive week,” said Sam Khater, Freddie Mac’s chief economist, in a statement. “At this time last year...

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