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[ Mon, Apr 28th ]: wjla
U.S. housing market: A nationwide overview
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[ Tue, Apr 22nd ]: Fortune
Current mortgage rates report for April 22, 2025: .. ates hold steady, slightly down from recent highs

U.S. housing market: A nationwide overview

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High prices and steep mortgage rates are still making the housing market tough.
The content at the provided URL discusses the current state of the U.S. mortgage market as of April 28, 2025. It highlights that mortgage rates have stabilized after a period of fluctuation, with the average 30-year fixed-rate mortgage hovering around 6.5%. The article notes an increase in home purchase applications due to these more predictable rates, although the overall housing market remains competitive due to limited inventory. Additionally, it mentions that refinancing activity has picked up slightly, but remains below previous years' levels. The piece also touches on economic factors influencing the market, such as inflation rates and Federal Reserve policies, and provides expert insights on future trends, suggesting that buyers should act soon to secure favorable rates before potential increases later in the year.

Read the Full wjla Article at:
[ https://wjla.com/money/mortgages/us-04-28-2025 ]