Navigating the August 2025 Mortgage Market: A Homebuyer’s Guide to Rates

Today’s Mortgage Rate Snapshot (As of August 15, 2025) The average interest rate for a 30-year fixed-rate mortgage is 6.552%. This represents the lowest average for this type of loan since early August. The rate is down 5 basis points from the previous day and approximately 8 basis points from a week ago. Why Are […]

Navigating the 2025 Housing Market: A Buyer’s Guide to Rates, Prices, and Inventory

As a homebuyer, staying informed about the current market is key to making a confident decision. A recent mid-year forecast from   Realtor.com reveals a complex but slowly improving landscape for buyers. The market is gradually rebalancing, offering some cautious   optimism with easing mortgage rates and more available homes. Here’s a breakdown of the key takeaways […]

Mortgage Applications on the Rise: What This Means for You!

Good news for the housing market! The latest Mortgage Bankers Association (MBA) survey for the week ending June 6, 2025, shows a significant increase in mortgage applications, signaling renewed positive sentiment among homebuyers and those looking to refinance. Key Highlights: Overall Growth: Mortgage applications jumped 12.5% week-over-week, hitting their highest level in over a month. […]

How a Flawed Jobs Report Just Pushed Mortgage Rates Higher — What Buyers and Realtors Should Know

This past week, the Bureau of Labor Statistics (BLS) released its latest jobs report — and while the headlines looked positive at first, the details tell a very different story. Unfortunately, the initial market reaction to the headline number pressured mortgage bonds, driving mortgage rates higher in the short term. Here’s what really happened, and […]

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