Mortgage rates are sliding down again! As of today, the average 30-year fixed mortgage rate is sitting at 6.57% — the lowest we’ve seen since last October. ππΈ
Here’s my take: Once rates dip below 6%, we’re likely to see a surge of new buyers flood the market. That kind of momentum could shift us back into a seller’s market fast. ⏳π₯
But right now? We're in a sweet spot for buyers. π― With fewer competitors and motivated sellers, negotiating power is still in your hands — for now. Whether it’s closing costs, repairs, or price reductions, today’s buyers have more leverage than they might in just a few months.
π¬ Thinking about buying this year? Don’t wait until the rush starts. Let’s talk strategy now and get ahead of the curve. π
π ππΌ
fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! π‘✨
bret@homeswithmerit.com 214-315-9465
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