Tight conditions are squeezing buyers across the country. In Westchester County, New York, real estate agent Pamela Grunstein is navigating a market that has 1.6 months of supply – a far cry from the 6 months or so that’s long been considered the sign of an evenly balanced market.

Mortgage rates are down to a nearly three-month low. But if you’re thinking of buying a home, beware of these hidden costs.

After a large two-day drop, 30-year mortgage rates have inched up, but remain near their lowest level of 2025. Rates also climbed for most other loan types.