- Homebuyers
- April 28, 2026
Mortgage Rates Then, Now, and Why Sitting on the Sidelines Could Cost You
To understand today’s housing market, it helps to look at how mortgage rates have changed before, during, and after the pandemic.
Contributing Writer, New American Funding
Margaret Heidenry is a writer at New American Funding. She was previously an editor and writer at Realtor.com. Her work has appeared in the New York Times Magazine, Vanity Fair, and Boston Magazine.
To understand today’s housing market, it helps to look at how mortgage rates have changed before, during, and after the pandemic.
After years of limited housing supply, more homes are entering the market in many areas this season. That means selling with a strategy is becoming essential.
An increasing number of properties are now listed as “coming soon,” giving buyers a sneak peek of homes before they officially hit the market.
In some places, that added housing supply is starting to tip the balance in favor of homebuyers.
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In more housing markets, first-time homebuyers are finding increased options, less competition, and a clearer path to ownership. These are the best markets for first-time homebuyers.
For years, the formula for increasing a home’s value seemed simple. But today’s homebuyers have a different mindset, and they’re willing to invest real money.
Just a few years ago, buying a home used to require speed. Now buyers have something they haven’t had in years: a bit more time.
The spring housing market continues to be the best time for sellers. This is the season when buyer demand rises and competition can push prices higher.
April is Fair Housing Month. This marks the anniversary of the Fair Housing Act, a federal law that helps ensure equal access to housing opportunities.
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