Median Family Income Hits $104,200 as Home Prices Reach $422,600
In 2025, the national median family income reached $104,200, while the median home price stood at $422,600. Mortgage rates have stabilised, with the 30-year fixed rate at 6.39% and the 15-year fixed rate at 5.60%. The U.S. economy grew by 3 percent in the second quarter.
A 20 percent down payment and a 6.39 percent mortgage rate result in a monthly payment of $2,113, which is 24 percent of the typical family's monthly income. This payment is achievable for many families, given the median income and home prices.
Mortgage rates are influenced by investor appetite for 10-year Treasury bonds, not set directly by the Federal Reserve. Discount points lower your mortgage rate, while origination points are fees charged by lenders. The current average total points are 0.31.
In Europe, hypotheken interest rates in 2025 have stabilised between 3.6% and 4.2% annually. The ECB does not plan further interest rate cuts this year. While rates are near their bottom, some moderate rises are expected in 2026.
The 2025 financial landscape shows a median family income of $104,200, a median home price of $422,600, and stable mortgage rates. The U.S. economy grew by 3 percent in the second quarter. Whether to extend a mortgage now depends on individual financial situations and expectations of future rates.
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