Interviews

Home Prices Are Skyrocketing

March 17, 2025

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The voice of the mortgage industry

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Rising costs in building materials, labor, and insurance are driving housing affordability concerns. Tariffs on Canadian imports and labor shortages impact supply, while skyrocketing insurance premiums—sometimes tripling in disaster-prone states—further strain homeownership. Mortgage professionals are pushing back against issues like trigger leads and credit report costs, with NAM membership growing as industry players seek protection and education