The Fed’s September rate cut dropped mortgage rates, echoing 2024’s late-year trend.
2024 showed rate cuts fueled 4th-quarter home sales rebounds, lifting total annual sales above prior year.
Lower rates are bringing hesitant buyers back, bridging the gap between costs and inaccessibility.
However, markets reversed after further cuts as inflation and strong labor signals worried investors.
2025 mortgage rates mostly stayed below 2024 levels, but modest declines still leave caution widespread.
