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Housing Finance Watch (Week 33, 2025)
AEI
2025.08.20
- The median purchase rate remained at 6.5% in week 33, 2025.
- According to Mortgage News Daily, the avg. 30-year rate was 6.59% on August 18th.
- Purchase rate lock volume continues to languish, down 30% from the same week in 2019, but up a modest 3% YoY.
- Preliminary YoY HPA was 1.8% in July 2025 and is projected at 1.3% and 0.5% for August 2025 and the first two weeks of Sept. 2025, respectively.
- YoY HPA remains only modestly positive, largely due to subdued purchase activity, relatively high rates, and a diminishing pool of well-qualified entry-level buyers.