Sunday, June 22, 2025

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The Housing Mortgage Rates Could Rise To 5% Depending On These Factors

In the past quarter, we have seen mortgage rates hit their highest at 4.5% last week. As the rates have calmed a bit going into this week, it begs the question: could we see 5% mortgage rates in the near future, possible as soon as this year. In order for the rates to continue to rise, there are a number of factors that we can look into for signals.

Recent Gov & Nonprofit Real Estate Press Releases

EFC Accepting Applications for $325M in Grants

New York State Environmental Facilities Corporation President & CEO Maureen A. Coleman today announced the application period is open for $325 million in State grants for critical water infrastructure projects. The next round of the Water Infrastructure Improvement and Intermunicipal Water Infrastructure Grant programs delivers on Governor Kathy Hochul’s clean water funding commitments.