Mortgage Rates, Buyer Demand, and a Fed Update | May 2025 Housing Trends
Posted by Matt Curtis on
Mortgage Rates, Buyer Demand, and a Fed Update | May 2025 Housing Trends
If you're thinking about buying or selling a home this spring, you’ll want to stick around. We’ve got some surprising — and exciting — updates on mortgage rates, inventory, and why buyers are jumping back into the market. Let’s break it all down.
Mortgage Applications Up 51%
Mortgage applications are up 51% from this time last year. Yep, you heard that right — 51%! Realtor.com’s senior economic analyst, Hannah Jones, called the jump 'somewhat surprising but altogether positive.'
So, what’s behind this surge? I think it’s a combination of pent-up demand, falling interest rates, and more inventory. In fact, there are 27% more homes on the market right now…
634 Views, 0 Comments