- With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
- Rates are projected to climb to 5.0% by this time next year according to Freddie Mac.
- The impact your interest rate makes on your monthly mortgage cost is significant!
- Lock in a low rate now while you can!
Realtor.com 2025 Housing Forecast
In 2025, home prices are projected to rise by 3.7%, with mortgage rates averaging 6.3%. The housing market may experience shifts due to potential regulatory and tax changes under a Trump administration. Home sales are expected to increase by 1.5%, while for-sale...
4 mortgage interest rate scenarios that could occur in 2025
Mortgage rates have fluctuated since January 2024, starting near 7% and briefly dropping to 6.15% in September before rising to an average of 6.93%. Experts predict various scenarios for 2025, including rate stability, gradual declines, continued volatility, or...
Fed Interest Rate Forecast for 2025-26: Expert Insights
Fed Funds Rate Trends Forecast: - 2025 rate: drop to 4.0% - 2026 rate: to hold ~3.8% Economic Outlook for 2025: - GDP growth: taper from 1.8% to 2.5% by year-end - Rate cuts respond to slower economic growth
Winter Savings Tips for 2025 Homebuyers
Track your spending this winter to identify areas for cost-cutting before buying a home in 2025. Winter-proof your home to reduce energy bills and save money during the colder months.
Western state governors eye public lands for affordable housing development
Colorado Gov. Jared Polis and other Western governors are exploring the use of federal lands to address the affordable housing crisis in the region. In Nevada, officials are leveraging a federal law to acquire land for development at reduced prices, while...
Utah’s Fall Housing Market Shows Growth Despite Higher Prices
Utah's fall housing market in 2024 experienced a 1.6% increase in home prices and a 12.5% rise in sales compared to the previous year, with a median home price of $553,000. In Salt Lake City, prices rose by 7.3% to an average of $550,000, although sales decreased...
What Makes Your Home Sell Faster?
Pricing slightly below market value attracts multiple offers and encourages faster sales across regions. Well-maintained exteriors and appealing landscapes boost property attractiveness in any climate.
Thanksgiving The True Meaning
Thanksgiving Day, celebrated predominantly in the United States, is often symbolized by the quintessential turkey dinner and indulgent pies, marking a period of feasting and familial gatherings. However, the essence of this holiday transcends beyond the mere...
Should you have your home pre-appraised before placing it on the Market?
In the complex and often unpredictable journey of selling a home, understanding the value of your property through a pre-listing appraisal emerges as a critical step that can significantly impact the outcome of your sale. This introduction to pre-listing appraisals...
State of Utah Market Update – Residential Homes
Buy or Sell with Marty Gale "Its The Experience" Principal Broker and Owner of Utah Realty™ Licensed Since 1986 CERTIFIED LUXURY HOME MARKETING...