buyers

From a seller’s market to a buyer’s: Spokane, Coeur d’Alene home sales are entering a fast phase as the economy turns.

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From a seller's market to a buyer's: Spokane, Coeur d'Alene home sales are entering a fast phase as the economy turns.

Buds appearing on tree trunks and green grass on Lilac City lawns mark the start of spring when Realtors begin their rush to sell homes. This year’s peak home listing season was starting to show great promise. Up until 30 days ago, mortgage rates and interest rates had dropped below 6%, the economy appeared to … Read more

Mortgage rates are rising, destroying the well-laid plans of home buyers

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Mortgage payments over time (line chart)

Rising mortgage rates threaten to wipe out the home buying season. The average 30-year mortgage rate rose to 6.46%, the highest level since September 2025, Freddie Mac said Thursday. Borrowing costs have risen sharply in recent weeks following the divestment less than 6% in late February. The Iran was there it increases price pressure by … Read more