Marco Santarelli
MAY 4, 2025
As of May 4, 2025, today's mortgage rates have seen a notable increase. The average 30-year fixed mortgage rate is now at 6.70% , up by nine basis points since last week, while the 15-year fixed rate has also risen to 5.95%. For anyone looking to buy or refinance a home, it's essential to be aware that these higher rates can significantly impact your payments and overall affordability.
Brownstoner
MAY 4, 2025
This week, the most popular real estate listings on Brownstoner include an Italianate in Fort Greene, a Queen Anne in Bed Stuy, and a neo-Tudor in Ditmas Park West. Ditmas Park and Cobble Hill were popular with readers this week. The least expensive property on the list is a Gowanus rental… Read More > The post Top 10 Brooklyn Real Estate Listings: A Cobble Hill Carriage House appeared first on Brownstoner.
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Marco Santarelli
MAY 4, 2025
Ever feel like the ground beneath the housing market is shifting? Well, in at least one Florida city, that feeling is becoming reality. You might be scratching your head, especially after years of seemingly relentless price hikes across much of the nation. So, let's get straight to it: housing prices are indeed falling in Tampa, Florida , marking it as a notable exception in a recent national snapshot of the real estate scene.
BAM Media
MAY 4, 2025
To all my fellow Star Wars nerds, May the 4th Be With You. To everyone else, here are five productive things you can do while bored at your open house or not sitting one at all. ICYMI, Sharran Srivatsaa and Andrew Undem hosted a live listing presentation workshop in one of our most valuable, riveting BAM webinars of all time. We recorded it and made it public because every real estate agent needs to WATCH IT.
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Marco Santarelli
MAY 4, 2025
Want to know about adjustable rate mortgage (ARM) rates today, May 04, 2025 ? Here's the scoop: The national average APR for a 5/1 ARM is currently 6.38% , while a 10/1 ARM sits at 6.56%. But that's just the average. Whether an ARM is a smart move for you depends on several things, including your financial situation, how long you plan to stay in the home, and your risk tolerance.
Housing Wire
MAY 4, 2025
This week, the Federal Reserve is holding a crucial meeting that could significantly influence the housing market in 2025 and 2026. The outcome could set the stage for mortgage rate cuts or a pause in action until there are shifts in the labor market. As many have observed, President Trump has expressed dissatisfaction with Jerome Powell’s reluctance to lower rates.
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Marco Santarelli
MAY 4, 2025
If you're dreaming of buying a home or refinancing your current mortgage, you're probably wondering: when will mortgage rates go down? The short answer, based on current trends and expert predictions, is that a significant drop in mortgage rates in 2025 seems unlikely. While some minor fluctuations are always possible, major relief isn't anticipated this year.
Marco Santarelli
MAY 4, 2025
The big question on everyone's mind as we head into May 2025 is, Will mortgage rates go down in May 2025? Based on what I'm seeing right now, it looks likely that we'll see a continued softening of rates. While nothing is ever guaranteed, economic indicators and expert forecasts suggest that the slight dip we've already seen in late April might continue into May.
Marco Santarelli
MAY 4, 2025
Wondering what's going to happen with mortgage rates this week ? The consensus leans towards a slight decrease. According to a recent Bankrate poll , a majority of experts (54%) believe rates will fall in the coming week (May 1-7, 2025). The remaining experts are split, with 23% predicting an increase and 23% anticipating no change. Let's dive deeper into the factors influencing these predictions and what it could mean for you.
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