Wed, March 26, 2025
Tue, March 25, 2025
[ Tue, Mar 25th ]: News4Jax
10 IRA mistakes to avoid
Mon, March 24, 2025
Sun, March 23, 2025
Sat, March 22, 2025
Fri, March 21, 2025
Thu, March 20, 2025

Today's Mortgage Rates | Rates Are Supposed to Fall This Year. But What About Home Affordability?


  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. this-year-but-what-about-home-affordability.html
  Print publication without navigation Published in Business and Finance on by Insider
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  These are today's mortgage and refinance rates. Mortgage rates are forecast to fall in 2025, but it might not make a difference in affordability.

The article from MSN discusses the current state of mortgage rates and home affordability in the U.S. Despite expectations that mortgage rates might decrease in 2023, the article highlights that even with lower rates, home affordability remains a significant challenge. Mortgage rates have been volatile, with recent data showing a slight decrease, but they are still high compared to historical lows. The piece explains that while lower rates could help, the persistent issues of high home prices, low inventory, and economic factors like inflation and potential recession fears continue to impact affordability. It also notes that the Federal Reserve's actions to combat inflation could keep rates higher for longer, affecting the housing market. The article suggests that potential homebuyers might need to adjust their expectations or look into alternative housing options or locations to find affordability.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/realestate/todays-mortgage-rates-rates-are-supposed-to-fall-this-year-but-what-about-home-affordability/ar-AA1BtNBp ]

Publication Contributing Sources