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Homebuyers Are Making Moves

  • Mortgage Returns
  • 23 hours ago
  • 1 min read

Improved conditions shift buyers into action.

Market Perspective: Fast Facts About the Housing Market. Homebuyers are Making Moves title text in front of a picture of a couple running towards a modern home.

More listings and improved affordability are creating new opportunities for summer buyers.


Mortgage purchase applications are up. Existing-home sales rose in May. Affordability improves amid slower price growth. Mortgage rates have stabilized since April's tariff-driven volatility. Inventory has returned to pre-pandemic levels in most markets.

Sources:

  1. ICE Mortgage Monitor, July 2025.
  2. National Association of Realtors (NAR)® Existing-Home Sales report, May 2025.
  3. Mortgage Bankers Association (MBA) Purchase Applications Payment Index (PAPI), June 2025.
  4. Freddie Mac Primary Mortgage Market Survey, July 3, 2025.

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