July 2025 Financial and Mortgage Check-In: What Smart Homebuyers Should Know Right Now

We’re halfway through 2025, and the financial landscape is shifting fast. Whether you're actively house-hunting or just exploring your options, staying informed is your best financial strategy.

Here’s what we’re tracking at Town Team Mortgage—and what it means for you.

Mortgage Rates Are Leveling Off (But Still Worth Watching)

After steady rate hikes in 2023 and 2024, mortgage rates in mid-2025 have begun to stabilize. They're still higher than the ultra-low rates of a few years ago, but it’s a welcome sign for buyers after months of volatility.

What to do now: Locking in a rate today could be a smart move if you’ve found the right property. For those waiting, keep an eye on inflation and Fed updates, as both will influence future rate moves.

Inventory Is Up—And So Are Opportunities

There’s good news for buyers: housing inventory has improved in many markets. This means more choices, more negotiating power, and less competition than during the pandemic boom years.

If you’re a first-time buyer, this could be your window. Programs with lower down payments and seller concessions are back on the table in many areas.

Pro tip: Even if you’re not ready to buy today, getting pre-approved now gives you a huge advantage when the right property pops up.

Renting Isn’t Necessarily Safer Anymore

While buying a home still requires upfront investment, rents across the U.S. continue to climb—and fast. In fact, many renters are now paying more than what they would on a monthly mortgage.

Bottom line: If you plan to stay in one place for a few years, the long-term financial advantage often tips toward buying, especially when you consider building equity and the tax advantages of homeownership.

Let’s Talk About Your Goals

Whether you’re planning to buy this year or just want to understand your options, Town Team Mortgage is here to help. We'll break down the numbers, demystify the process, and guide you with real advice—no pressure, just possibilities.

📞 312-896-2114🌐 www.TownTeamMortgage.com