08/31/2026
🦆 Monday Market Update | Minnesota Homegirl
Happy Monday, Minnesota! 🌾🏡
Mortgage rates are holding pretty steady heading into the end of summer.
This week’s Freddie Mac averages:
30-Year Fixed → 6.66%
15-Year Fixed → 5.98%
But here’s the part I want buyers to pay attention to: the interest rate is only one piece of the puzzle.
Freddie Mac is reporting more homes coming onto the market and slower price growth in many areas, which is giving buyers more options and helping create a more balanced market.
And THAT is where opportunity can show up.
A little more inventory can mean more room to negotiate on price, closing costs, inspections, or even a seller-paid rate buydown. You don't necessarily need to wait around for the “perfect” interest rate if the right house + right price + right financing strategy makes sense for you now.
Around here, we don't just open doors. We help you understand the whole flight plan — from where you are now to closing day. 🦆
Faith. Family. Land. Home.
FLYWAY REALTY
Brokered by: eXp Realty
Rates shown are national averages from Freddie Mac and are not an individual loan quote. Your actual rate will depend on your lender, loan program, credit and other factors.
Freddie Mac Primary Mortgage Market Survey