Mortgage Rates Rising Again?

About this episode

Eddie Ruettiger and Nancy Vallee discuss the current housing market, mortgage rates, and trends affecting buyers and sellers.

In this episode, Eddie Ruettiger and Nancy Vallee with EXIT Real Estate Specialists break down what’s really happening in today’s housing market and what it means for buyers and sellers right now. Mortgage rates are on the move again, and everyone is asking the same question: Where do we go from here? We talk about why many are calling the 5% range the “magic number,” but more importantly, why you still need to run the numbers for your specific situation. We also dive into the local market right here in Will County, including a detailed look at recent sales data in Elwood, IL. Plus, we discuss a major trend—single women now owning more homes than ever before—and what’s driving that shift. There’s also a lot of noise about a potential foreclosure wave… but is it real or just headlines? We break it down so you know what to actually watch for. And if you’re wondering where the buyers are, they’re still out there. In fact, we currently have active buyers looking for homes right now. But at the same time, we’re seeing more buyers walking away from deals, and we explain exactly why that’s happening. If you're thinking about buying or selling, this is a must-watch to understand today’s…

People in this episode

Host: Eddie Ruettiger

Guest: Nancy Vallee

Topics covered

• housing market
• mortgage rates
• real estate trends
• buying and selling
• local market analysis
• foreclosure wave
• homeownership

Keywords

• mortgage rates
• housing market
• real estate
• home buying
• home selling
• Will County
• Elwood IL
• foreclosure
• single women homeowners

Mentioned in this episode

Organizations: EXIT Real Estate Specialists

Places: Will County, Elwood, IL, Illinois

More episodes of Get Real With Eddie

• The Housing Market Isn't Doing What Everyone Predicted · June 6, 2026 · 55 min
• Before You Build a Custom Home, Watch this · May 6, 2026 · 56 min
• Eddie: Here's What's Coming for Home Buyers · April 24, 2026 · 54 min
• Your House Isn't Selling? We Have the Answer · April 18, 2026 · 55 min
• Here's the Housing Market Split Nobody's Talking About · April 11, 2026 · 54 min
• War Impacts the Housing Market · April 7, 2026 · 55 min