Story perspectives
High Mortgage Rates Persist Despite Rising Home Sales
6/18/2025
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Story summary
- Mortgage rates are projected to stay in the high 6% range this summer, with slight fluctuations possible.
- Inflation and employment trends will impact any potential rate changes.
- Analysts suggest rates may not fall below 6% unless there's a significant economic slowdown.
- Des Moines home sales have increased by 2.4% year-over-year, despite elevated mortgage rates.
- Buyers should focus on managing debts and savings in the current market.
