Housing affordability improved in the Greater Houston area as mortgage rates declined slightly in the second quarter of 2025, according to the Houston Association of Realtors’ latest Housing and Rental Affordability Report. HAR’s Housing Affordability Index shows that 39 percent of Houston-area households could purchase a median-priced home in the second quarter of the year, […]
Courtesy – Homes.com The nation is halfway through 2025 — a year that was slated to offer lower mortgage rates, subdued home prices and more properties for sale. Some of those predictions have come to pass. Still, experts watching the housing market closely say U.S. economic uncertainty has bogged down what should have been months […]
Courtesy of Realtor.com – Read more at Realtor.com About Om Realty Group Tx
A half-point rate cut would send a signal to the market that the Fed is serious about reversing the “lock-in” effect that makes homeowners with low-rate mortgages reluctant to sell in a high interest-rate environment. If the Fed reverses course as aggressively as it raised rates, financing costs would go down, creating a flood of […]
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