Real Estate News 06/04/2025

Today’s News Synopsis:

In The News:

CBS News – “Will mortgage rates fall after the Fed’s June meeting?” (06-04-25)

“The interest rate climate has shown encouraging signs in 2025, with inflation steadily declining and inching toward the Federal Reserve’s 2% target.“

NAR – “Single-Family Home Prices Had Positive Price Gains in 83% of 228 Metro Areas in 2025 Q1“ (06-04-2025)

“The National Association of REALTORS® reported that home prices continued to rise in the first quarter of 2025. The national median price rose 3.4%, year over year, to $402,300.  ”

CNBC – “Mortgage demand drops for the third straight week, even as interest rates ease“ (06-04-25)

“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased to 6.92% from 6.98%”

MortgagepPoint – “FHA Clarifies Servicing Rules to Preserve Borrower Protections “ (06-04-25)

“The Federal Housing Administration (FHA) has issued Mortgagee Letter (ML 2025-14), which clarifies and streamlines servicing requirements for FHA-insured loans—reducing burdens on servicers, while maintaining strong borrower protections. ”

Forbes – “How Leveraging IRAs May Help Expand Your Real Estate Portfolio”(06-02-25)

“Traditional real estate financing has become increasingly challenging due to high interest rates and lending standards that often require larger down payments. For landlords who may already be fully leveraged or who want to avoid taking on more personal debt, these market conditions create a significant hurdle to expanding a real estate portfolio.”