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Update 07/24/2025: Mortgage Rates Steady, But Is New Jersey Headed for a Buyer’s Market?
This week on The Pulse and Perspective, Pete D’Angelo breaks down the latest New Jersey mortgage and housing data—and it’s all about balance. Are we finally seeing cracks in the long-standing seller’s market? With inventory barely ticking up and rates holding firm between 6.78%–6.85%, buyers may find new negotiating power in some towns across the Garden State. Pete also zooms out to cover national trends: builders are cutting prices, expired listings are on the rise, and 22 straight weeks of mortgage app growth tell a story of buyer demand that just won’t quit.
Plus, what’s next for interest rates with the Fed meeting approaching? And why today’s “stable” rates may be the calm before the policy storm. If you’re watching for market softening—or wondering if the window to sell is closing—this episode is for you.
#realestate #housingmarket #mortgageupdate #NJrealestate #homebuyingtips #interestrates #fedwatch #mortgagetrends
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
[email protected]
*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.
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By Pete D'AngeloThis week on The Pulse and Perspective, Pete D’Angelo breaks down the latest New Jersey mortgage and housing data—and it’s all about balance. Are we finally seeing cracks in the long-standing seller’s market? With inventory barely ticking up and rates holding firm between 6.78%–6.85%, buyers may find new negotiating power in some towns across the Garden State. Pete also zooms out to cover national trends: builders are cutting prices, expired listings are on the rise, and 22 straight weeks of mortgage app growth tell a story of buyer demand that just won’t quit.
Plus, what’s next for interest rates with the Fed meeting approaching? And why today’s “stable” rates may be the calm before the policy storm. If you’re watching for market softening—or wondering if the window to sell is closing—this episode is for you.
#realestate #housingmarket #mortgageupdate #NJrealestate #homebuyingtips #interestrates #fedwatch #mortgagetrends
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
[email protected]
*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.