Here’s Why Mortgage Rates Are What They Are Right Now
By David Torres | Broker Associate, Real Broker A buyer in Lathrop recently asked a question that a lot of people are probably thinking. “Why are mortgage rates still where they are?” That question matters because mortgage rates affect almost everything about the
Why Experts Say Mortgage Rates Should Ease Over the Next Year
Why Experts Say Mortgage Rates Should Ease Over the Next Year 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 1
What a Fed Rate Cut Could Mean for Mortgage Rates
What a Fed Rate Cut Could Mean for Mortgage Rates The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion. The Fed Doesn’t Directly Set Mortgage Rates Right now, all ey
Mortgage Rates Just Saw Their Biggest Drop in a Year
Mortgage Rates Just Saw Their Biggest Drop in a Year You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the
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