Shifting mortgage rates are now reshaping the housing market

  • Video shows new homes being built in south Omaha.
  • Rising inflation and tariffs have made homeownership less of a priority for many, but a recent drop in mortgage rates is encouraging renewed interest in the housing market.
  • As of March 27, 2025, the average 30-year fixed mortgage rate is 6.65%.
  • Real estate experts recommend that prospective buyers act now, with the flexibility to refinance if rates drop more in the future.

BROADCAST TRANSCRIPT:

The housing market is always evolving, and for years, we’ve watched mortgage rates soar since 2022. But now, there’s been a slight drop, catching the attention of both buyers and sellers.

With rising prices, many are finding that buying a home has been pushed further down their list of priorities. However, recent data suggests that now might be the best time to enter the housing market…

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