Your Midmonth Update of The Huddle |
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Mortgage Rates Drop to 2025 Low
Good news for anyone dreaming of buying a home - mortgage rates just hit their lowest level of 2025! As of mid-August, the average 30-year fixed-rate mortgage dipped to 6.58%, the lowest since October 2024.
Why this matters for you:
- Lower monthly payments - Even a small rate drop can save buyers thousands over the life of their loan.
- More buying power - Lower rates mean you may qualify for a higher-priced home without increasing your payment.
- Fall market opportunity - Historically, late summer and fall can offer more inventory and less competition.
If you’ve been waiting for the right time to jump back into the market, this could be it. The combination of lower rates and seasonal opportunities might make the coming months an ideal time to make your move.
Contact us to kickstart your home buying journey! 512-434-0630 | allisontrickey@kw.com |
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Contact me for all of your real estate needs. |
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Allison Pflaum M.Ed., First Time Homebuyer Specialist, Certified New Home Specialist, Luxury, Relocation
License # 624693 +15124340630 | http://www.HaysHomeTeam.com
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 Austin SW +15124340630 1801 South Mo-Pac Expressway, Suite 100 Austin, TX 78746 9010968 |  Allison Pflaum +15124340630 1801 South Mo-Pac Expressway, Suite 100 Austin, TX 78746 624693 |
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If you have a brokerage relationship with another agency, this material is not intended as a solicitation. Information is reliable but not guaranteed and should not be considered legal or financial advice. Each Keller Williams office is independently owned and operated. Copyright (C) 2024 Keller Williams (R) Realty, Inc. |
