09/17/2026
The Fed raised rates 0.25% — but mortgage rates do NOT automatically move by the same amount.
Today, Texas 30-year mortgage averages are still around 7%, while El Paso inventory is down year over year.
That means buyers are dealing with higher borrowing costs and fewer homes to choose from.
For sellers, lower inventory can create opportunity — but pricing and marketing still matter.
This market isn’t dead. It’s more strategic.
If you’re thinking about buying, selling, or investing, message me “MARKET” and I’ll break down what the numbers mean for you.
Alexander Cordova
The Luxury Real Estate Group