Mortgage Rates Climb Again
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What does it take to feel wealthy in 2025? A new survey breaks it down by generation—from Gen Z to boomers—and finds surprising thresholds.
- Mortgage Rate Spread Remains Elevated: The spread between the 10-year Treasury yield and 30-year mortgage rates has widened to ~2.5%-well above the historical 1.5% average. This adds cost to borrowing and slows affordability improvements, even if the Fed holds interest rates steady.
For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it reported the number of homes changing hands across the country in June rose 3.
NewHomeSource reports that stronger credit scores in 2025 lead to fewer risky loans, ensuring a more stable housing market compared to 2008.
This summer’s housing market feels like a riddle — prices are up, but competition is down. Mortgage rates dip, then spike, leaving buyers and sellers wondering: Is now the right time to move? The answer?
For Gen Z, respondents indicated they’re only willing to go up to a 5.8% rate from their current average of 5.1%. Millennials (born between 1981 and 1996), who have an average rate of 4.9%, say they would extend to a max of 5.5%.
With inventory at its highest level since 2011, the Denver metro real estate market is experiencing a significant shift. Despite the increased availability, prices remain stable, and closed sales
Today’s first-time homebuyer looks different than in years past. Faced with high home prices and elevated mortgage rates, first-time buyers have become a shrinking group – just 24% of the market
It's a bit of a stretch to refer to the past week as a "losing streak" for mortgage rates. The worst part about it was the consistency of upward movement starting last Wednesday. In terms of the