As we step into 2025, housing experts and economists provide key insights into mortgage rates, home values, and market trends. While national trends set the stage, real estate remains deeply local, so understanding the dynamics in your area is crucial. Here’s what to expect: Mortgage Rates: Higher for Longer The average 30-year mortgage rate peaked at 7.79% in 2023 and eased slightly in 2024. For 2025,...
