Itโs been a weird season for housingโstuck between the post-pandemic slowdown and everyone watching what might happen before the election. But under the surface, things are starting to move.
Hereโs what happened this past week:
โ
30 Year Average Mortgage Rates slipped again, landing around 6.72%, after the 10-year Treasury yield dipped. Even small drops like this help keep the market stable and buyers engaged.
โ Policy shifts in Washington and quiet signals in financial markets suggest we could be approaching a turning point. More buyers might come off the sidelines if this trend continues.
โ Meanwhile, inventory is still growing, giving buyers more choices and a little breathing room.
Why does this matter if youโre house hunting?
Because if rates hold or dip again, it could mean more affordability and more power to negotiate. In short, the market could be slowly warming up in your favor.
๐ If youโve been waiting for the right moment to start your home search, this could be the signal youโve been looking for.
Want to chat about what these market shifts mean for your budget or your monthly payment? Letโs connect and map out a smart plan for you.
#HomeBuying2025 #MarketUpdate #MortgageRates #RealEstateTrends #HouseHunting
Source: HousingWire