The Market’s Serving Big Opportunities for Homebuyers. Are You Grabbing Them? | Market Recap 6/20/25 скачать в хорошем качестве

The Market’s Serving Big Opportunities for Homebuyers. Are You Grabbing Them? | Market Recap 6/20/25

Market Recap - June 20, 2025 Mortgage rates are still holding just under 7%, but that is not the biggest opportunity in the market right now. The real advantage for buyers is in the way homes are being negotiated and sold. Inventory has climbed significantly compared to last year, and nearly 40% of homes on the market have seen price reductions. Sellers are motivated. Many have built up strong equity over the past few years and are now willing to use it to get their homes sold. In many cases, that means covering closing costs or helping to buy down a buyer’s interest rate. For homebuyers, this opens up real savings. If the seller covers your closing costs, you can use your own cash to lower the rate on your loan or simply bring less money to the table. Either way, your monthly payment becomes more affordable, and the home becomes more attainable. This is not just a temporary promotion or a one-off deal. It is a pattern playing out across the market, but it may not last. As more buyers begin to re-enter the market, seller flexibility could fade. If you are thinking about buying a home, now is the time to act. Buyers who step forward today have a real chance to take control of the process and walk away with terms that work in their favor. ••• Bill Gaylord, NMLS 680603 | Gaylord-Hansen Team at CrossCountry Mortgage | 858-776-6830 | https://www.billgaylord.com Rate Source: Mortgage News Daily (https://www.mortgagenewsdaily.com) The information contained is the viewpoint of the presenter(s). Individuals should consult their own financial representative. Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details. All borrowers must meet minimum credit score, loan-to-value, debt-to-income, and other requirements to qualify for any mortgage program. CrossCountry Mortgage, LLC. NMLS3029 NMLS1437924 NMLS1628467 NMLS2079383 (www.nmlsconsumeraccess.org).