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U.S. Home Prices Hit August Record as Inflation Climbs, Mortgage Rates Fluctuate

Home prices surged to a new high in August. Inflation and mortgage rate changes are affecting buyers' budgets.

As we can see in the image there are houses, trees, current polls, hills and sky.
As we can see in the image there are houses, trees, current polls, hills and sky.

U.S. Home Prices Hit August Record as Inflation Climbs, Mortgage Rates Fluctuate

In August 2025, the median price of an existing home reached $422,600, while inflation climbed to 2.9 percent. Meanwhile, mortgage rates have shown fluctuations, with the 30-year jumbo rate at 6.38 percent and the 15-year fixed rate at 5.60 percent.

Home buyers in August faced median monthly payments of $2,113, based on a 20 percent down payment and a 6.39 percent mortgage calculator rate. Looking ahead, mortgage rates in Switzerland for 2026 are expected to remain stable, with no significant rise anticipated.

The U.S. economy grew by 3 percent in the second quarter of 2025, and the national median family income for 2025 stands at $104,200. In recent news, mortgage rates fell to 6.30 percent in mid-September 2025, the lowest level in nearly a year. The current average 30-year fixed mortgage calculator rate is 6.39 percent.

The September jobs report is scheduled for release on Friday, pending the resolution of the government shutdown.

The housing market and economy continue to evolve, with home prices and mortgage rates showing changes. As we await the September jobs report, economists and homeowners alike keep a close eye on these developments.

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