Mortgage Rates Drop to 2025 Lows — What It Means for Buyers, Sellers & the Market
If you've been thinking about making a move — whether buying your first home, upgrading, or refinancing — you might want to take note of some exciting mortgage news this week.
According to a recent article from HousingWire, mortgage rates just dropped to their lowest point of 2025 so far. The average 30-year fixed rate now sits at 6.64%, down from 6.65% the week before — and even lower than where we were a year ago.
So… what’s behind the dip? In short: uncertainty in the global economy. Recent tariff news has made investors a little jittery, which has them moving money into safer options like U.S. Treasury bonds. That increased demand pushes bond yields down — and when that happens, mortgage rates usually follow.
Here’s what this means for YOU:
🏡 Thinking about buying?
Lower mortgage rates can mean lower monthly payments — or the ability to afford a bit more house for your money. This could be the break you’ve been waiting for if you're tired of watching from the sidelines.
🔁 Considering refinancing?
Even a small shift in your interest rate could save you thousands over the life of your loan. If you locked in at a higher rate a year ago, it may be worth running the numbers with your lender.
🧱 One thing to keep an eye on…
While rates are down, tariffs could increase the cost of materials — which may drive up the price of new builds and renovations. So, while borrowing is a little easier, the actual cost of homes (especially new ones) could rise over time.
This all adds up to a unique window of opportunity for buyers and homeowners. If you’re not sure whether it’s the right time to act, I’m happy to talk it through with you. No pressure, just straight answers and a clear path forward. Let’s setup a call or coffee meetup!
Let’s make sure your next move feels just right — and timed just right, too.
P.S. I’ll keep watching the market shifts so you don’t have to! Follow along for more local insights and real talk from someone who lives right here with you.
Original reporting from HousingWire – “Tariff news sends mortgage rates to the lowest level of 2025”.
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