01/16/2026
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The government is purchasing $200 BILLION Mortgage Backed Securities (mbs) and mortgage rates have fallen this week...But for how long? No one knows for sure, but if you have been on the fence, waiting for a drop in rates, now could be your time.
As always, the one piece of advice I share most often with both home buyers and sellers is to know exactly where you stand at all times. This market swings fast and by knowing what your home is worth today or what you are pre-qualified to purchase gives you a leg up on your competition. Our team would be happy to help you get started. Text, call or email anytime.
847-630-6706 [email protected]
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The average rate on 30-year fixed home loans dropped to 6.06% for the week ending Jan. 15, the lowest level since September 2022.