09/22/2025
This week’s market update is in and interest rates made a move! 📉 Buyers, a small shift in rates can mean a big difference in your monthly payment. Here’s what you need to know…
📊 Mortgage Rates Update
🏡 Buying
➡️ 30-Year Fixed: ~6.27%
➡️ 15-Year Fixed: ~5.52%
💰 Refinancing
➡️ 30-Year Fixed: ~6.62%
➡️ 15-Year Fixed: ~5.97%
✨ Factors Influencing Rates
🔹 Loan Type: 30-year, 15-year, and ARMs vary in rate.
🔹 Lender: Different lenders = different offers, so shop around!
🔹 Points: Paying points upfront can lower your rate.
🔹 Creditworthiness: Your credit history + financial profile matter.
Also, here's a fresh look at the market from last week