This summer’s housing market feels like a riddle — prices are up, but competition is down. Mortgage rates dip, then spike, leaving buyers and sellers wondering: Is now the right time to move? The answer?

A couple of key mortgage rates ticked downward. Lower mortgage rates could bring positive news to the housing market in 2025.

News Oklahoma's Cathy Tatom looks into what is keeping mortgage interest rates in the 6% to 7% range instead of falling back to the 3% range of just a few years ago.

Mortgage rates dip amid swings In marketsMonthly mortgage payment at today’s rates The national median family income for 2025 is $104,200, according to the U.S. Department of Housing and Urban ...

Mortgage rates dip amid swings In marketsMortgage rates inched down this week, with the 30-year fixed rate averaging 6.89 percent, compared to 6.94 percent the previous week, according to Bankrate ...

Mortgage rates are still twice as high as they were in 2020 and 2021 during the pandemic homebuying boom. But for homebuyers who have been waiting months for rates to come down, the increase in purchasing power is notable.

As home sales have slowed, properties are taking longer to sell. That’s led to a sharply higher inventory of homes on the market, benefitting investors and other home shoppers who can afford to bypass current mortgage rates by paying in cash or tapping home equity gains.

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...

Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments.   Refinance activity declined 7%, while purchase app