Mortgage Rates Drop to 10-Month Low

05/08/2025 7 min Episodio 1771
Mortgage Rates Drop to 10-Month Low

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Episode Synopsis

Mortgage rates just hit a 10-month low, giving buyers a brief window to increase their purchasing power—but that opportunity may not last. Meanwhile, in Washington, D.C., inventory is rising fast as former federal workers list their homes amid job cuts and economic uncertainty. In today’s episode, we break down the latest housing data from Redfin, including how much more home buyers can now afford, where D.C. prices are falling, and why the clock might be ticking for anyone hoping to negotiate a deal.
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