Spring Housing Market Presents Challenges for Buyers | Presented by CME Group

[music] >> The average 30-year fixed mortgage rate climbed the highest level since September 2025 and the fourth straight weekly increase. As of early April, the daily average is even higher depending on the lender survey. Higher borrowing costs have slightly reduced buyer demand keeping affordability a challenge particularly for first-time homebuyers.Inventory is improving but still tight overall. Active listings are up year-over-year in many metro areas and some major markets have even reached or exceeded ...