Affordability

Oct. 1, 2025

What Buyers Say They Need Most (And How the Market’s Responding)



A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see below):

a graph of a couple of circles with textHere’s the good news. While …

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Sept. 22, 2025

3 Reasons Affordability Is Showing Signs of Improvement This Fall



For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them.

But there’s some …

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Sept. 15, 2025

What a Fed Rate Cut Could Mean for Mortgage Rates



The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion.

The Fed Doesn’t Directly Set Mortgage Rates

Right now, all eyes are on the Fed. …

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Sept. 10, 2025

Mortgage Rates Just Saw Their Biggest Drop in a Year



You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.

On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest …

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Aug. 20, 2025

Condos Could Be a Win for Today’s Buyers



Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in.

For first-time buyers, they can be a smart way to get into homeownership without stretching …

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