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“There’s no dismissing the fact that housing affordability continues to be a major pain point for Americans.”

– Mark Hamrick

Housing Affordability in 2025: With home prices rising ever higher, inventory still too low and mortgage rates remaining stubbornly elevated, it’s a very challenging time to be a homebuyer.

The housing market can be significantly impacted by outside economic forces, including Federal Reserve moves and inflation. In fact, the shelter category of the Consumer Price Index (CPI), which measures inflation, shows that housing costs have been an outsized contributor to overall inflation in the U.S.
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Greg McBride

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Chief Financial Analyst

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Principal Writer, Home Lending

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Writer, Home lending

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Latest Real Estate & Home Lending News

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Mortgage rates hit their lowest level of the year in anticipation of another Fed cut.
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After holding steady for three straight weeks, mortgage rates edged a bit lower.
This is the week that was for home equity rates.
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Could record-high levels of home equity be the solution to Americans’ record-high debt levels?
This is the week that was for home equity rates.
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Despite a rate cut, mortgage rates have held steady for three straight weeks.
This is the week that was for home equity rates.
A house on a stack of money
Despite the Fed rate cut, mortgage rates hold steady.
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Whether or not it cuts rates, the Fed may not be able to reset the market.
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The housing market isn’t immune from outside economic forces, including inflation.
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If you’re thinking about buying a house in 2025, you’re likely hoping for some kind of relief to make the purchase feel a bit easier on your bank account. Eighty-three percent of U.S. adults who don’t [...]
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Home prices keep pushing ever higher, though the pace of growth has slowed.
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Existing-home sales are slow amid record-high prices.
The costs of home repairs and remodeling projects have skyrocketed in recent years.
Why wouldn’t an agent want to market listings to the biggest audience possible?
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Momentum in the housing market is shifting away from the Sun Belt.
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Home insurance takes center stage in real estate deals.
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Extreme weather puts more than a quarter of all U.S. homes at risk.
Could you pay your deductible if you had an insurance claim?
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These deductibles are calculated as a percentage of your coverage limit.
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Insurance companies may be taking advantage of states with limited regulation.
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Bankrate explores what dorm insurance is and if your student needs it.
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If you’ve received a letter from your insurance company asking for updates, you’re not alone.
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Understanding how coinsurance works can help you avoid unexpected expenses and confirm that your coverage meets your needs.
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Home equity rates barely budged heading into the final Federal Reserve meeting of 2025. The $30,000 home equity line of credit was unchanged, holding at 7.81% for the fourth straight week, according to [...]
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There was minimal movement for home equity rates this Thanksgiving week.
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Home equity rates are holding steady at lows not seen since 2023.
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Home equity rates have now dipped to levels not seen since 2023.
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Home equity line of credit (HELOC) rates have dipped to levels not seen since March 2023. The $30,000 home equity line of credit fell eight basis points to 7.82%, according to Bankrate’s national survey [...]
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Here’s what’s happening with home equity rates this week.
Here’s what’s happening with home equity rates this week.