Current Mortgage Rates in the US, 5 May 2025
Mortgage rates in the US have been rising since the beginning of 2022. In October 2023, the rate for a 30-year mortgage increased to 7.63%, reaching the levels of 2000 for the first time.
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YIMBY vs. NIMBY in Washington: Four Federal Bills That Could Nudge Local Zoning
WASHINGTON, D.C. — May 8 2025
Housing rarely gets bipartisan love on Capitol Hill, yet 2025 feels different:
1. Yes In My Backyard (YIMBY) Act – requires CDBG‑funded cities to report 22 anti‑exclusionary reforms; unanimously cleared House Financial Services last week. newdemocratcoalition.house.gov
2. Build More Housing Near
Rent‑Control Fights Heat Up: 2025 Scorecard
ST. PAUL / SACRAMENTO / DENVER — May 7 2025
Hotspot
2025 flashpoint
Direction
St. Paul, MN
Council to vote this month on permanent exemption for post‑2005 builds; permits already ‑80 % since cap passed. oaicite:11
Likely loosen
California
Voters rejected Prop 33 (61 % No), preserving Costa‑Hawkins limits on local rent
ADUs 2025: California’s New Handbook Drops More Barriers—Washington & New York Jump In
SACRAMENTO — May 7 2025
California’s Department of Housing & Community Development (HCD) just released its January 2025 ADU Handbook, adding clearer statewide rules on height, side‑yard setbacks and fee waivers.
Key California tweaks effective 1 Jan 2025
* Front‑setback cut to 10 ft. for detached ADUs.
* Streamlined solar