Learn English: Will Homes Be Cheaper Soon? (easy)

The cost of borrowing money to buy a house, called a mortgage rate, might go down a little bit in July.

This could mean that homes might cost a bit less to buy, just like the price of some things in the store is getting lower.

Even if the cost of borrowing money goes down, buying a house can still be pretty expensive.

But maybe some people will have a better chance of owning a home if prices and interest rates go down.