How is everyone feeling with the direction of mortgage rates.

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Posting as :
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Unless inflation really comes down and the Fed can more aggressively cut rate, mortgage rates are likely to stay range bound, unfortunately.

smart

Honestly, it’s a rollercoaster. I keep hoping for a bigger drop, but every small dip feels like a tease. Still, better than last year! Just trying to stay patient and watch the trends, how’s everyone else feeling?

Oh that makes sense. Mines a 30 year so the 15 year terms would be a lower rate in general

I’m in an accepted offer now, credit average came in around 740, lower than expected. Best rate as of Friday was 6.99% lender credit of $130. About $1000 in loan fees, no points. To move that rate to 6.89% it was about $3,300. I’m not locking in yet. Tariffs might mess up my not locking in.

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