Mortgage Rates

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Weekly Real Estate Market Update: Mortgage Rates Drop to the Lowest Levels in a Year

Mortgage rates have fallen to their lowest point in more than a year, and it’s already making an impact across the housing market. More buyers are re-entering the market and homeowners are re-evaluating their refinance options. Whether you’re planning to buy, sell, or simply want to stay prepared, this shift could open the door to […]

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The $280 Shift in Affordability Every Homebuyer Should Know

If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that’s the 5th straight month where buying a home has started to get a

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What Buyers Say They Need Most (And How the Market’s Responding)

A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see below): Here’s the good news. While the broader economy may still feel uncertain, there are

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Why Experts Say Mortgage Rates Should Ease Over the Next Year

You want mortgage rates to fall – and they’ve started to. But is it going to last? And how low will they go? Experts say there’s room for rates to come down even more over the next year. And one of the leading indicators to watch is the 10-year treasury yield. Here’s why. The Link

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Mortgage Rates Are Dropping— Here’s Why Sellers Should Act Now

Mortgage Rates Drop: What It Means for Buyers and Sellers in 2025 Mortgage rates just hit their lowest point since October 2024, and buyer demand is jumping. The Mortgage Bankers Association reports purchase applications up 23% year over year, creating a real window of opportunity for both buyers and sellers. In this video, I break

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The Fed Cuts Rates: What It Means for Homebuyers and Sellers in 2025

The Federal Reserve just announced the first interest rate cut of 2025, and the housing market is already reacting. Mortgage rates have dropped to their lowest levels in a year and are now only 0.25% away from reaching a 3-year low. This shift could be a turning point for both homebuyers and sellers looking to

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Why Now May Be a Key 2025 Moment To Sell Your House

Mortgage rates are finally heading in the right direction – and buyers are starting to jump back in. According to the data, buyer demand picked up considerably once mortgage rates hit a new low for 2025. The Mortgage Bankers Association (MBA) reports that applications for home loans were up 23% compared to the first week

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What a Fed Rate Cut Could Mean for Mortgage Rates

The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion. The Fed Doesn’t Directly Set Mortgage Rates Right now, all eyes are on the Fed. Most economists expect they’ll cut the Federal Funds

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