Denise Kemp+FollowWhy Buying a Home Feels Impossible RNMortgage rates just crept up again, thanks to inflation heating up. If you’re house hunting, brace yourself: the average 30-year rate is now 6.75%. That means you’ll need a way bigger paycheck to afford the same house as a few years ago—almost double, in fact! With homes sitting on the market longer and prices barely budging, it’s a tough time for buyers. Pro tip: Boost your credit score to snag a better rate and keep an eye on those listings for any deals. #RealEstate #HomeBuying #MortgageRates24Share
megan01+FollowMortgage Rates Dip—Is It Time to Refi?Heads up, home hunters and homeowners! Mortgage rates just dropped again, and folks are jumping on it—applications for new loans and refis are up for the second week in a row. If you’ve been waiting for a better deal to buy or refinance, now might be your moment. More people are locking in lower rates, especially those with bigger loans. Will this trend stick? Stay tuned for next week’s numbers! #RealEstate #MortgageRates #HomeBuying70Share
Brad Caldwell+FollowRefi Rates Drop—Is It Time to Pounce?Good news for homeowners: mortgage refinance rates just took a dip! If you’ve been thinking about lowering your monthly payment or ditching that high interest, now might be your moment. The average 30-year refi is down to 6.64%. That could mean real savings, especially if you’re planning to stay put for a while. Just remember, closing costs can eat into your savings, so crunch those numbers before jumping in. Pro tip: polish your credit score for even better deals! #RealEstate #RefinanceTips #MortgageRates11Share
Aaron Ballard+FollowWill Mortgage Rates Ever Drop? Here’s the ScoopThinking about buying a home? Here’s the latest: Fannie Mae just bumped up its mortgage rate forecast—now expecting rates to hover around 6.5% through 2025. That’s higher than they predicted just last month! Even though rates aren’t dropping as fast as we hoped, there’s a silver lining: more homes are hitting the market, so buyers have more choices and a bit more negotiating power. If you’re waiting for those 3% rates to come back, don’t hold your breath—but you might score a better deal with more inventory! #HomeBuying #MortgageRates #RealEstateTips #RealEstate00Share
megan01+FollowWhy Are Homes Still So Pricey?So, home sales actually ticked up a bit in May, but don’t get too excited—high mortgage rates are still making it tough for most folks to buy. The average 30-year mortgage is hovering near 7%, so unless rates drop, expect the housing market to stay sluggish. If you’re house hunting, you might notice more listings and slightly longer waits before homes sell, but prices are still hitting record highs. Maybe it’s time to brush up on negotiation skills or keep renting a bit longer! #HomeBuying #MortgageRates #RealEstate32Share
russellolson+FollowMortgage Rates Dip—Is It Time to House Hunt?Good news for anyone eyeing a new home: mortgage rates just dipped a bit for the second week in a row, landing at 6.84%. It’s not a huge drop, but every little bit helps if you’re looking to lock in a better deal. Sellers are starting to get off the sidelines, and investors are unloading more homes than they’re buying in some states—so you might actually have choices! If you’ve been waiting for a sign to start house hunting, this could be it. #HomeBuyingTips #MortgageRates #RealEstate60Share
Shelly Powell+FollowHomebuyers, This Summer Might Be Your MomentGood news for anyone house hunting: mortgage rates just dipped again, thanks to cooler-than-expected inflation and steady job numbers. That means more homes on the market and sellers who might be ready to deal. If you’ve been waiting for a better time to buy, this summer could be your shot. Just remember, your credit score still matters—a better score can snag you a sweeter rate. Time to check those listings! #HomeBuyingTips #MortgageRates #MoneyHacks #RealEstate10Share
megan01+FollowWhy Mortgage Rates Just Got a Tiny BreakHeads up, home shoppers: mortgage rates just dipped a bit after a weak jobs report sent Treasury yields sliding. That means your monthly payment could be a smidge lower if you lock in now. The twist? Even with more homes for sale and some price cuts, high rates and sticker shock are still making it tough for buyers. If you’re house hunting, keep an eye on your credit score—it’s your ticket to snagging the best deal when rates finally drop for real. #mortgagerates #homebuying #realestate11Share
Matthew Jackson+FollowWhy Everyone’s Pausing on Home LoansThinking about buying a house? You’re not alone in waiting it out. Mortgage applications just dipped for the third week in a row as rates hover around 6.9%. People are holding off, hoping for better deals, especially with all the buzz about Freddie Mac and Fannie Mae possibly hitting the stock market. If you’re eyeing a refi or new home, it might pay to be patient—most folks are sitting tight for now, waiting for rates to drop. #MortgageRates #HomeBuying #MoneyTips #RealEstate10Share
randerson+FollowWill Home Buying Get Easier in 2025?Thinking about buying a house soon? Goldman Sachs says don’t expect a miracle in 2025—mortgage rates are likely to stay high, so those monthly payments won’t get much friendlier. The good news: even if there’s political drama over Fannie Mae and Freddie Mac, it probably won’t mess with rates for most buyers. And while fewer immigrants might mean fewer construction workers, there’s already a slowdown in building, so it won’t make homes scarcer overnight. In short: keep saving, and don’t hold your breath for a big price drop! #HousingMarket #HomeBuying #MortgageRates #RealEstate00Share