Potential homeowners often feel uneasy when deciding whether to enter the housing market. In episode thirty-two of the RiskWire Webcast, Senior Research Economist, Reena Agrawal and Chief Economist, Eric Fox, answer this question. They also cover key takeaways from VeroFORECAST including the current and projected state of mortgage rates and home prices. Don’t miss the Veros’ Economists valuable insight into the 2025 housing market. Here are a few highlights:
Episode Highlights:
- Mortgage rates currently sit at 6.85% and will likely stay at a similar level throughout 2025. VeroFORECAST projects mortgage rates to land around 6.6% by the year’s end.
- The housing market is showing signs of replicating market trends of the past two years, aside from any potential dramatic changes.
- It will never be a perfect smooth ride into entering the housing market. Whether now is the right time for you comes down to your finances, as affordability is unlikely to improve in the next 12 months.
To learn more about the housing market and determine if now is the right time to buy, watch episode thirty-two of the RiskWire Webcast now: Webcast & Interviews – RiskWire, powered by Veros
For additional information about the housing market and economic trends, visit RiskWire.com today!
