Mortgage rates increased after five weeks of declines, driven by stronger-than-expected economic indicators.
Experts forecast minimal rate relief through late 2025 despite Federal Reserve predictions of future cuts.
Waiting for rate drops may backfire as housing prices remain high and supply stays limited.
Buyers can gain ground by exploring options like fixer-uppers, condos, or 15-year Real Estate loans.
Creative strategies help offset costs in a tough Real Estate market while building long-term equity.