Worried about mortgage rates? We break down how changes are affecting affordability and what you can still do to secure the right home.
Interest rates have steadied at around 4.5% in 2025, up from historic lows. Here’s what it means:
- Higher Monthly Payments: Affordability checks are stricter
- More Emphasis on Fixed-Rate Mortgages
- Less Competition: Fewer buyers may mean more room to negotiate
Advice: Lock in a rate early and speak to a broker about shared ownership and Help to Buy alternatives.
