09/17/2026
Heard about what the Fed did yesterday?! 👀
The Federal Reserve raised its benchmark interest rate by 0.25%.
But before you assume that means mortgage rates automatically went up 0.25% too — that’s not exactly how it works.
Mortgage rates are influenced by several factors, including the bond market. But we are in a changing rate environment, and if real estate is anywhere on your radar, it’s worth understanding what’s happening.
🏡 Thinking about buying?
Don’t just watch the rate. Look at the whole picture — your monthly payment, available homes, seller concessions, negotiating power, and what you can comfortably afford.
In fact, just this Tuesday I helped a first-time homebuyer go under contract on their dream home, and they got exactly what they wanted! 🙌🏾
People are still buying homes and finding opportunities. Every situation is different. The key is understanding your numbers and having a strategy.
🏷️ Thinking about selling?
Rates can affect buyers’ purchasing power, which makes understanding your specific neighborhood, price point, and how your home should be positioned even more important.
🔑 Already own your home?
You may not need to do anything at all! But it’s still good to understand your home’s value and equity — whether you’re considering a future move, refinancing, or even using equity to begin building a rental property portfolio.
And as always, I’m never too busy for your referrals!
If someone you care about has questions about buying or selling, connect us. They don’t have to be ready tomorrow. A big part of what I do is simply helping people understand their options weeks or even months before they make a move.
After 16 years in real estate, I’ve learned that markets are always changing.
My job is to stay on top of those changes so you don’t have to — and help you make a wise decision when the time comes.
Questions? DM me or call/text anytime.
Blessings,
Tim