Buying a house before the end of 2025? What you need to know.
Thinking about buying a house before the end of the year? Good news: The 2025 housing market is finally looking up after a rocky few years. Mortgage rates have eased from last year’s highs, and in many markets, buyers have more home choices. Housing prices are still high, but the breakneck rate of increases from years past has slowed. If your goal is to buy a home before the end of 2025, here’s what you need to know about rates, prices, and how to make the numbers work in your favor.
Mortgage rates in 2025: Down from recent highs
For many home buyers, mortgage rates are the biggest affordability factor. Thankfully, rates have eased somewhat in 2025 compared to previous years. According to Freddie Mac, 30-year fixed mortgage rates have been hovering in the mid-6% range — down from the 7.79% high in October of 2023.
