After 3 quarters of slipping, equity-rich homes finally ticked up in Q2 2025.
~50% of U.S. homes with mortgages are now equity-rich.
Equity-rich = owing less than 50% of your home’s value.
In just one quarter, equity-rich homes jumped from 46.2% to 47.4% nationwide.
Even if home prices stall, equity can still grow—and that’s good news for owners.

Average 30-year fixed mortgage rates are expected to remain stable in the mid-6% range, with slight downward pressure if the economy slows.

The Fed may consider a rate cut later in 2025, which could reduce rates further, but any drop is likely gradual rather than dramatic.

Housing supply and demand dynamics will continue to influence rates; a moderate easing could improve affordability and buyer options.

Analysts project end-of-year rates between 6.4% and 6.8%, making this period favorable for refinancing and first-time home purchases