That 5.625% rate — even with the small adjustment fee — saves you way more in monthly cash flow than the 6.25% option.

Michael,Mortgage rates are dropping this week and will continue to drop as we get closer to the FED meeting this month on the 16th and 17th where we will see a rate cut. 

The unemployment rate ticked up to 4.3%, and June’s payrolls were revised downward to a loss of 13,000, marking the first monthly decline since December 2020.This data has sharpened the dovish tilt in rate expectations.

Im very new to how rates are affected by Treasury Yield.

Those dynamics seem to be starting to reset a bit and rates probably have a little bit to do with that, but the more likely case is that some markets are starting to get closer to an equilibrium between buyers and sellers.

But mortgage rates are notoriously difficult to forecast, because they are impacted by things like geopolitics, commodity prices, global trends, exchange rates, US politics, the stock market etc - all those factors into what buyers of mortgage-backed securities think (and feel)Frankly, rates are what they are.

Home buyers and investors that have been on the fence due to high borrowing rates - relief has arrived...with mortgage rates  dropping..fast. 

I know I’ve posted about Long-Term Mortgage Rates and the Federal Funds Rate not being directly tied, but this morning’s economic report will impact both.

Can anyone recommend an MLS flat rate listing service that doesn't require an additional commission payment or other fees at closing? 

Inflation Meets Estimates, Rate Cut Still LikelyWeek of August 25, 2025Hey everyone,Last week’s inflation report didn’t shake anything up — and that’s actually a good thing.