Real estate pros, here’s what’s happening in the market: Mortgage rates ticked up in January after a slight affordability boost in December. Rates are expected to stay high in 2025, but with price growth cooling and household incomes improving, we could see a small bump in affordability by year-end. Our economists are on top of these trends to help you stay ahead. Follow along for updates on affordability, mortgage rates, and what’s next for the housing market!