Categories for Mortgage Rates

Mortgage Rates Recently Hit a 3-Year Low. Here’s Why That’s Still a Big Deal

If you’re one of the thousands of homebuyers waiting for rates to fall, you should know it’s already happening. And they recently crossed an important milestone. Rates officially dipped their toes into the 5s – something that hasn’t happened in about 3 years. This moment marked a critical threshold. Now, rates ...

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Interest Rate Drop

Big update I’m watching closely: mortgage rates briefly dipped below 6%, with some buyers seeing quotes around 5.99% on a 30-year fixed. The 15-year has also come down into the mid-5s in some cases. This kind of drop tends to change the “feel” of the market fast, even if it ...

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What Jerome Powell said about housing…

By now, you’ve probably heard about the news: the Federal Reserve recently cut interest rates for the first time in four years.    But what does that really mean for home buyers and sellers? You might be wondering how this impacts mortgage rates, home prices, or your ability to make ...

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