April 25th, 2025 2:05 PM by Ken Morley
Mortgage rates are expected to remain high, around 6-7%, making homeownership challenging, particularly for first-time buyers. Although more new homes are anticipated, high prices will persist. The "lock-in" effect, where homeowners are hesitant to sell due to low mortgage rates, is likely to diminish slightly as more people take on new loans. A notable trend for the year is "rentvesting," where people invest in properties in less-expensive markets while continuing to live in rental apartments in costly areas. Where are the LOW Rate, LOW Cost rates today? Get a FREE rate quote by clicking here or give us a call at (303) 650-9400.