Homebuying Affordability Improves As Mortgage Rates Fall to Lowest Level in Over 3 Years
Lower rates haven’t yet brought homebuyers off the sidelines, but hope is in the air as we approach spring. The weekly average mortgage rate has
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
Lower rates haven’t yet brought homebuyers off the sidelines, but hope is in the air as we approach spring. The weekly average mortgage rate has
In this season of Love Is Blind, the real plot twist is affordable housing. Love may be blind, but one thing is clear: Ohio is
The median age of first-time buyers dipped slightly from 2024 to 2025, from 36 to 35. For repeat buyers, the median age is 47, down
Home-purchase agreements are canceled at the highest rate in San Antonio, where sellers outnumber buyers two to one–giving buyers the upper hand and plenty of
A higher share of Americans struggle to afford housing than last spring, according to a Redfin survey. The most common sacrifices Americans make to afford
Along with more purchasing power, house hunters have negotiating power as sellers greatly outnumber buyers. The daily average mortgage rate dropped to 5.99% on February
Lower rates haven’t yet brought homebuyers off the sidelines, but hope is in the air as we approach spring. The weekly average mortgage rate has
In this season of Love Is Blind, the real plot twist is affordable housing. Love may be blind, but one thing is clear: Ohio is
The median age of first-time buyers dipped slightly from 2024 to 2025, from 36 to 35. For repeat buyers, the median age is 47, down
Home-purchase agreements are canceled at the highest rate in San Antonio, where sellers outnumber buyers two to one–giving buyers the upper hand and plenty of
A higher share of Americans struggle to afford housing than last spring, according to a Redfin survey. The most common sacrifices Americans make to afford
Along with more purchasing power, house hunters have negotiating power as sellers greatly outnumber buyers. The daily average mortgage rate dropped to 5.99% on February