Here is your real estate news for Friday, October 24th.
Today’s Real Estate News (October 24th, 2025):
Government Shutdown Undermines Buyer Confidence
Despite mortgage rates dropping to 12-month lows, buyer activity is weakening as the ongoing federal government shutdown enters its fourth week. Weekly pending-sales data shows transactions are behind last year’s pace for the first time in months — a sign that broader economic uncertainty is dampening demand.
Existing-Home Sales Tick Up, But Mixed Signals Persist
According to the National Association of Realtors, existing-home sales rose 1.5 % month-over-month in September. However, the improvement varies by region: the South, Northeast and West showed gains, while the Midwest slipped. Inventory remains tight, but affordability pressure and buyer caution are still evident.
Mortgage Rates (October 24th, 2025):
- 30-Year Fixed-Rate: 6.18%
- 15-Year Fixed-Rate: 5.74%
- 30-Year Jumbo: 6.10%
- 10 Year Treasury Yield: 4.00%
In the competitive real estate market, staying informed is crucial for both buyers and sellers. By understanding mortgage trends, housing market shifts, and the broader economic environment, individuals can make well-informed decisions. This knowledge can lead to more effective pricing strategies, better investment timing, and smoother transactions. For buyers, tracking mortgage rates can help them secure more favorable terms, while sellers who know their local market trends can set more competitive listing prices. Overall, staying updated on these topics not only helps real estate professionals serve their clients better, but also empowers everyday buyers and sellers to achieve their property goals.
Thanks for reading,
Chris
