10/12/2026
๐๐๐
๐ฆ๐ MONDAY MARKET UPDATE | FLYWAY REALTY ๐ก
The leaves are falling, the ducks are flying, and guess what? Buyers are moving, too!
Happy Monday, Minnesota! โ๐
While we're all enjoying the beautiful fall colors, hunting season, and everything that makes Minnesota autumn so special, there's something else happening out there...
BUYERS ARE OUT AND OFFERS ARE BEING ACCEPTED! ๐ก
Over the last several days, I've personally noticed more buyer activity, and we're seeing offers being written and accepted!
Now, does that mean the market has completely shifted? Not necessarily. But it IS an encouraging reminder that even with higher interest rates, people are still making moves.
๐ LET'S TALK MORTGAGE RATES!
According to Freddie Mac's October 8, 2026, Primary Mortgage Market Survey:
๐ก 30-Year Fixed Mortgage: 7.40%
๐ก 15-Year Fixed Mortgage: 6.73%
Yes, rates have climbed. And yes, affordability continues to be a factor for many buyers.
But here's what I always remind my clients:
The right time to buy or sell isn't necessarily when the headlines tell you it is. It's when the numbers, your goals, and your circumstances make sense for YOU.
๐ SELLERS: Buyers are still out looking! Presentation, condition, pricing, and a solid marketing strategy matter. Just because the market is challenging doesn't mean your home can't sell.
๐ฆ BUYERS: Don't assume you have to sit on the sidelines. There may be opportunities to negotiate price, closing costs, or seller-paid interest rate buydowns. The key is understanding your options and working with the right team.
At Flyway Realty, we know every client has a different flight plan. Whether you're buying your first home, selling your current one, looking for land, or planning your next chapter, we're here to help you navigate the market.
Minnesota's seasons change, the market changes, and sometimes your flight plan needs to change, too.
๐ Consider this your duck call to give Flyway Realty a call!
๐ฆ Flyway Realty | Brokered by eXp Realty
Faith โข Family โข Land โข Home. Proudly Minnesota.
๐ง [email protected]
๐ Mortgage Rate Disclaimer: Rates shown are national weekly averages published by Freddie Mac as of October 8, 2026, for conventional, conforming mortgages based on borrowers with excellent credit and 20% down. Actual rates and loan terms vary based on lender, credit score, down payment, loan type, points, and other qualifications. Rates are subject to change and are not guaranteed. Consult a licensed mortgage lender for personalized rates and financing options.