06/12/2026
📉 Mortgage rates finally moved lower... but the biggest opportunities may belong to those who are prepared.
🏡 Weekly Market & Mortgage Update | West Michigan
Here's your quick snapshot of what's happening this week:
✔ 30-Year Conventional: 6.48% ⬇️
✔ FHA 30-Year Fixed: 6.25% ⬇️
✔ Mortgage rates eased from last week's levels
✔ Buyers and sellers are finding creative solutions to affordability challenges
✔ Many homeowners are still taking a cautious approach to entering the market
💡 What this means:
Lower rates are certainly welcome news, but they're only one piece of the puzzle.
For buyers, improved affordability can create new opportunities.
For sellers, preparation, pricing, and presentation remain critical as buyers become more selective and informed.
Whether you're thinking about:
🏠 Buying your first home
🌊 Finding a waterfront or vacation property
📈 Investing in West Michigan real estate
🔑 Selling and maximizing your home's value
..having the right team can make all the difference.
🤝 A big thank you to Travis Gregg - Ruoff Mortgage - NMLS 1177090 for providing these weekly mortgage and lending insights.
Travis and I work together to help clients understand the full picture—from financing options and mortgage strategy to local market expertise, negotiations, and successfully navigating the path to closing.
If you've been wondering whether now is the right time to buy, sell, invest, or simply explore your options, we'd be happy to help.
📲 Reach out anytime.
Kevin Schippa
Broker Associate/Market Advisor
Better Homes and Gardens Real Estate Connections
616-212-3391
SellBuyMichigan.Com
[email protected]
Client and Community Focused
-Your Resource For West Michigan Real Estate