📉 Mortgage Rates Are Dropping!

Great News for Homebuyers in 2026

Mortgage interest rates have fallen to their lowest levels in more than three years, opening the door to new opportunities for homebuyers and sellers alike.

✨ Current Mortgage Rate Highlights

• 30‑Year Fixed Mortgage: 6.06% - the lowest level since 2022.[realtor.com]

• Rates briefly dipped below 6%, hitting 5.99% after a major announcement on mortgage‑backed securities.[zillow.com]

• Recent weekly averages hover around 6.326%, marking a continued downward trend.[money.usnews.com]

  
  

💡 What’s Driving the Rate Drop?

• Federal Reserve rate cuts in late 2025 lowered the federal funds rate to the 3.50%–3.75% range, easing overall borrowing costs.[markets.fi...ontent.com]

• The government launched a $200 billion MBS purchase plan, which pushed mortgage rates downward faster than expected.[markets.fi...ontent.com]

• Improving economic stability and cooling inflation have strengthened buyer confidence.[cbsnews.com]

  
  

🏡 What This Means for Buyers & Sellers

• More Buying Power: Lower rates mean lower monthly payments and improved affordability.

• Growing Inventory: Housing inventory has risen nearly 20% year‑over‑year, creating more options for buyers. [markets.fi...ontent.com]

• A Busy Spring Season Ahead: Applications for both refinance and purchase loans have surged as rates fall. [markets.fi...ontent.com]

  
  

⏳ Should You Act Now?

Experts expect rates to stay in the low‑6% range, with the possibility of dipping below 6% again later in the year - but not dramatically.[money.usnews.com]

Winter and early spring can offer less competition, giving serious buyers a strategic advantage.[money.usnews.com]

Let’s Explore Your Options

If you’re thinking about buying, selling, or refinancing, now may be the perfect time to act.

Contact: Lynn LeMaster, Panama City Beach, FL @ 407-529-7878 or lynn.lemaster@cbrealty.com. Your trusted local real estate resource!