Mortgage rates continue to pressure buyers and sellers across the United States as affordability remains one of the biggest challenges in today’s housing market. In this episode of Real Estate Matters, Geoff breaks down the national real estate story behind rising payments, slowing buyer activity, inventory shifts, and the growing gap between wages and housing costs.

Topics include:

• Why mortgage applications are falling

• How interest rates impact monthly payments

• The affordability crisis facing first-time buyers

• Inventory increases and changing market conditions

• Seller concessions, rate buydowns, and negotiation trends

• Why many homeowners feel “locked in” to low-rate mortgages

• Economic uncertainty and consumer confidence

• What buyers and sellers should watch moving forward

Real Estate Matters focuses on practical real estate education, housing economics, negotiation strategy, and the financial realities shaping today’s market.

Hosted by Geoffrey Tiffany and presented by BBN31 — Broadcasting What Matters.