Mortgage Rates Ease: Why Buyers Are Re-Emerging - Reymundo Ramirez
Reymundo Ramirez
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Mortgage Rates Ease: Why Buyers Are Re-Emerging

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Why Buyers Are Re-Emerging

Freddie Mac’s early-October survey shows 30-year rates around 6.4%, down from 7% earlier this summer. That 0.6% drop adds ≈$200 in monthly buying power on a $400K loan. With inventory up 25% YoY, buyers can shop smarter and negotiate closing costs again.

Insider note: Several lenders in Houston are offering temporary “2-1 buydowns” — worth asking about if you’re financing soon.

Want to get started on your home-buying or selling journey? Text HOME to 832-639-4884 or click HERE to begin! 

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