Housing Market at a Crossroads The U.S. housing market in mid-2025 remains a puzzle for many buyers and sellers. While home prices continue to rise in many regions, mortgage rates are still hovering near the 6.7% mark for a 30-year fixed loan. This combination of high borrowing costs and limited inventory is reshaping the way Americans think about homeownership this year.
Understanding the True Cost of a Home Loan When homebuyers shop for a mortgage, the interest rate often takes center stage. And while it's a crucial factor in determining your monthly payment and long-term cost, it's far from the only expense involved. In fact, the full cost of a mortgage includes a range of fees that can add thousands of dollars to your closing costs.
If you’ve been following the headlines this year, you’ve probably heard about the renewed tariff talks and international trade tensions. But what you may not realize is that those tariffs are already driving up housing costs — from new construction to home repairs. Let’s break down what’s happening, how it impacts the market, and what it means for your homebuying or renovation plans in 2025.
