Mortgage activity continued to climb in November, posting the largest year-over-year increase in more than five years. Every major category increased on a year-over-year basis as mortgage rates continue to trend lower, led by strong increases in refinancing and adjustable-rate mortgage activity. Full article here: Mortgage Activity Continued to Climb in November (512) 853-0110...
Mortgage rates have been moderating in recent weeks, and the 30-year fixed-rate mortgage could dip to 6% in the new year, if real estate predictions hold. That would be a notable decrease from the 7% rates seen at the start of 2025—and it could unleash a group of home buyers who had been sidelined in the market. Full article here: A Mortgage Rate Drop to 6% Would Ring in More Home Buying (512)...
If you’re like a lot of homeowners, you’ve probably thought: “I’d like to move… but I don’t want to give up my 3% rate.” That’s fair. That rate has been one of your best financial wins – and it can be hard to let go. But here’s what you need to remember...a great rate won’t make up for a home that no longer works for you. Life changes, and sometimes, your home needs to change with...
If you’ve served in the military (or if your spouse has), you have access to one of the most powerful homebuying tools out there. The chance to buy a home without having a down payment. Unfortunately, 70% of Veterans (that's 7 out of every 10) don’t know about this benefit, according to Veterans United. Full article here: The VA Home Loan Advantage: What Every Veteran Should Know Right...
To fully understand the current state of the U.S. housing market, it’s essential to consider several major economic developments over the past few years. In 2022, inflation surged dramatically, prompting the Federal Reserve to raise the federal funds rate in an effort to curb consumer spending by making loans and credit more costly. Fannie Mae reports on a change coming soon for mortgage rates and...
Looking Ahead: Easing Rates and a Potential Market Rebound In recent months, there have been signs of a potential rebound in the housing market. Following the Federal Reserve’s rate cut in September 2025, mortgage rates fell below 6.5% for the first time this year. With additional Fed rate cuts expected in the coming quarters, lower borrowing costs and improving inventory levels could stimulate...
For the first time this year, the Federal Reserve cut its short-term interest rate by a quarter point. And while mortgage rates did drop this week, continuing a recent trend, some hopeful home buyers may have been expecting deeper cuts in response to the Fed’s long-anticipated move. Full article here: Why Didn’t Mortgage Rates Fall More After the Fed Rate Cut? (512) 853-0110...
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. Full article here: Why Experts Say Mortgage Rates Should Ease Over the Next Year (512) 853-0110...
Waiting for interest rates to drop when looking for a home A while back, I penned a piece here on this particular site telling a story about a longtime friend who was preapproved for a mortgage before rates started to jump but she waited too long and the rates had moved to a point where she could no longer qualify. Fortunately, she had the assets to be able to put more down therefore borrowing less....
Mortgage rates in September trended lower as the bond market priced in expectations of rate cuts by the Federal Reserve. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35%, 24 basis points (bps) lower than August. Falling mortgage rates have already shown an impact on housing activity. New single-family home sales in August jumped 20.5% from the previous month. Full article...
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