According to CoreLogic's latest Single-Family Rent Index (SFRI), U.S. single-family rent prices rose 2.4% year over year in January 2025, up slightly from 2.1% in December. However, this growth is still below the 2.6% increase recorded in January 2024.
According to the latest Primary Mortgage Market Survey from Freddie Mac, the average rate for a 30-year fixed-rate mortgage in the U.S. currently stands at 6.64% as of April 3, 2025.
On April 2, 2025, President Donald Trump declared "Liberation Day" for American workers, unveiling sweeping new tariffs that could influence U.S. home prices and mortgage rates.
In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR).
According to Redfin, a national property brokerage, the typical U.S. homebuyer's monthly housing payment reached a record high of $2,807 in March 2025, marking a 5.3% increase from the previous year.