⏳Mortgage Rates are down A LOT...and the time to start shopping for 2026 is now.

[AJ Wong]

Don't look now..but mortgage rates are down by a considerable margin compared to this time last year. 

Of note - are commercial loan and mortgage rates. We sold a large multi family complex in Q4 of last year that only made sense then because we worked out a pandemic era mortgage assumption. But if I recall correctly - the rates were in the very high 6%'s and low 7%'s. This prevented entire class of assets from debt servicing and...selling. 

A friend and mentor of mine is a real estate attorney genius and manages a literal $1B+ portfolio across broad asset classes including: restaurants, 500unit+ mixed use developments, hotels, storage spaces and hundred year land leases..they are refinancing several building at +/- 5.5% At scale - the impact is monumental. For individual investors, this makes deals investable. 

If the same pace of rate cuts or reductions continue; we will be at 4.5%+ by this time next year. 

Currently for prime borrowers on jumbo investment property with conventional 20% down payment - rates are approaching 6% and low LTV's are well into the 5%'s.

In real estate terms: Days are Weeks.

Get going and good luck!