7% Mortgage Rates to Destroy US Housing Market in 2025

Rising mortgage rates could signal a rocky future for the housing market by 2025. Homebuyers might face significant challenges, with many investors potentially gaining an upper hand. The discussion highlights recent refinancing trends while cautioning against making hasty financial decisions amid election uncertainty. Insights into cash-out refinancing trends reveal shifting priorities in high-value markets. With the backdrop of fluctuating rates, it’s a crucial time for all participants in the real estate landscape to stay informed and adaptable.