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Yang explained the benefits of waiting until 2025 to buy and outlined the following points. Potential for lower rates. Yang said, “Perhaps the Federal Reserve lowers rates even to 3.5% or 3%.
A high-interest-rate climate gives you less buying power, so buyers who opt to wait for lower rates may find themselves able to afford a higher-priced house, due to the lower mortgage payments.
While all three issues show signs of improving, or potentially improving, experts still expect 2025 to be a challenging year for the U.S. housing market. ... Should I buy a house in 2025 or wait ...
For homebuyers, the 2025 version of the housing market presents a mix of challenges and opportunities. On the unfavorable side of the ledger, home prices remain at record highs, and mortgage rates ...
Today’s combination of elevated mortgage rates and high home prices has plenty of people wondering whether they should try to buy a home now, or wait for things to settle down.
Market observers who spoke to ABC News said they expect both price increases and mortgage rates to ease in 2025 -- but only a smidge. The average rate for a 30-year fixed mortgage stands at 6.85% ...
One of the biggest names in real estate expects inventory to grow and mortgage rates to fall in 2025. This one-two punch should help to ease the so-called lock-in effect that has kept so many...
It's far more expensive to buy a home now than it was just a few years ago. The average 30-year mortgage rate at the beginning of 2022 was about 3%, and it wasn't unheard of to find a rate in the ...