Mortgage Rates Just Dropped – Biggest Decline in Over a Year!
Have you been waiting for the right time to buy a home? The wait might finally be over. 📉
On September 5th, mortgage rates took their biggest one-day drop in more than a year, falling to the lowest level since October 2024. This shift could open doors for buyers who’ve been sitting on the sidelines.
Why the Drop?
The weaker-than-expected August jobs report sent signals across the financial markets. In response, mortgage rates came down – a clear sign that changes in the economy are creating new opportunities for homebuyers.
What This Means for You:
Compared to just a few months ago, buyers could save nearly $200 per month on their mortgage payment – that’s almost $2,400 a year back in your pocket!
Why Act Now?
No one can predict exactly where rates will go next, but one thing is clear – they’ve broken free from the months-long rut of higher levels. That’s a big win for anyone looking to purchase.
🏡 At Hines & Associates Realty, we’re here to help you take advantage of this moment. Whether you’re buying your first home, moving up, or downsizing, our team has the expertise and trusted lender connections to guide you through every step.
Mortgage rates are shifting in your favor. Let’s see what today’s rates could save you on your next home. Call us today, and let’s start your new chapter!
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