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.
🌸 What’s Blooming in Real Estate This Spring
Whether you’re dreaming about a new home, thinking of listing soon, or just like to window shop Zillow with your morning coffee (guilty!), spring is the season when things really start to heat up.
Here’s what’s blooming in real estate right now—and what it means for you.
Home Prices, Interest Rates, and the Current Real Estate Market: Here’s What Homebuyers Need to Know
While the Federal Reserve recently cut interest rates, many homebuyers are still facing a challenge in the real estate market: high home prices. According to Fannie Mae’s recent data, prices jumped 5.9% in Q3 compared to the same period last year. Although this is slightly less than the 6.4% rise we saw in Q2, it’s still a considerable increase, especially with the already high rates many potential buyers are navigating.
Fastest Growing Residential Neighborhoods in the ATX!
If you're in the market for a new home in the Austin area or just keeping tabs on the latest real estate trends, you'll want to know about the fastest-growing residential developments for 2024. Compiled with data from Zonda Advisory and published by the Austin Business Journal, this list ranks neighborhoods by housing starts in 2023. Despite a 28% drop from the previous year, Austin’s booming suburban areas continue to expand, offering a variety of options for buyers.