Mortgage Rates Drop Sharply After BLS Jobs Report
Zillow maintains its expectation that mortgage rates will end the year near the mid-6% range
Fed Holds Rates Steady; Home Buyers Remain Stuck
Zillow forecasts rates to stay near 6.5% through 2025, keeping affordability out of reach for most
June 2025 Existing Home Sales: Affordability Continues to Hamper Buyers
Sales struggled as buyers continue to grapple with affordability challenges.
May 2025 Existing Home Sales Firmer Than Expected, Despite Economic Uncertainty
Existing home sales surprised on the upside, managing to eke out small gains compared to last month. This was despite heightened economic uncertainty in April — when homes sold in May went under contract.
Home Insurance Rates Growing at Nearly Double the Rate of Homeowner Income
The typical homeowner continues to face annual insurance cost increases, particularly in metros with higher risk of weather-related natural disasters.
Some home buyers opting to wait amid uncertainty
Sales still lag new listings, despite lower mortgage costs.