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Mortgage rates are falling. Is it a good time to buy a home?

Summary by WBAL
ABC News Mortgage rates have dropped over the early months of 2025, offering homebuyers an opportunity for some borrowing relief if they move ahead with the big-ticket purchase. The housing market remains sluggish and wider economic uncertainty looms, however. President Donald Trump’s tariffs threaten to upend global trade and tip the U.S. into a downturn, experts said. Federal Reserve Chair Jerome Powell warned on Wednesday of a possible resurg…

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Mortgage rates are falling. Is it a good time to buy a home?

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  • 67% of the sources are Center
67% Center
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Upstract broke the news in on Wednesday, May 7, 2025.
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