Mortgage Rates Dip Slightly, Housing Market Cautious
Update: 2025-12-24
Description
Mortgage rates dip slightly, hovering around 6.2% as of this week, offering home shoppers a better deal than last year. The fifteen-year fixed-rate mortgage also saw a minor increase, still lower than last years average. The Feds rate cuts have contributed to this trend, signaling calmer inflation and growth. However, affordability remains a challenge for first-time buyers, and home sales have slightly decreased compared to last year. Economists predict rates to stay just above 6% through next year, maintaining a cautious balance in the housing market.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
