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 new opportunities.
📊 Full market chart + data:
https://www.listreports.com/share/shareables/social?sid=3DdsBI5038
Why Lower Mortgage Rates Matter
When rates decline, affordability increases. Even a small rate drop can noticeably lower your monthly payment. This can expand your buying power or help you save money by refinancing.
Key Benefits of Today’s Lower Rates
- More home for your budget: Lower monthly payments mean higher purchasing power.
- Better refinance opportunities: If you locked in at a higher rate, now may be a good time to compare.
- More buyers entering the market: Increased activity can benefit sellers with stronger offers.
What Buyers Should Know
If you’ve been waiting for the “right time,” rates improving could be your signal to take another look.
Here’s what you can do right now:
- Get (or refresh) your pre-approval
- Re-evaluate neighborhoods and home features within your budget
- Stay ready when the right home hits the market
Being prepared positions you ahead of the crowd.
What Homeowners Should Know
If you currently own a home, it may be smart to review:
- Your current mortgage rate
- How much equity you’ve built
- Whether refinancing could lower your payments or shorten your loan term
A quick analysis could help determine if you can benefit from today’s market shift.
Should You Make a Move Now?
The best plan depends on your personal goals and timeline. I’m here to help you evaluate your options in a clear and simple way — no pressure, just guidance.
📊 See the full market data:
https://www.listreports.com/share/shareables/social?sid=3DdsBI5038
If you’d like to talk through:
- Buying your next home
- Selling or downsizing
- Running a refinance comparison
- Reviewing current home value and equity
Reply or call anytime. I’m here to help.
Evan Hitch
Southern Trust Realty
📞 281-400-0414
🌐 evanhitch.com
#evanhitch #HitchYourFuture