07/19/2026
📉 Mortgage rates are moving in the right direction.
Looking back at June over the past few years, we’ve seen a noticeable shift. In 2023, mortgage rates reached their highest point at around 7.5%. Fast forward to today, and we’re sitting closer to 6.4% — a meaningful decrease that’s giving buyers a little more breathing room.
So, what does this mean for the housing market? Lower rates can help improve affordability by reducing monthly payments, giving buyers more purchasing power, and bringing some people back into the market who may have been waiting on the sidelines.
While rates are only one piece of the home buying puzzle, even small changes can make a big impact when it comes to your monthly payment and overall budget. The market continues to shift, and staying informed is key whether you’re buying, selling, or just keeping an eye on what’s ahead. 🏡
📍 350 N Meridian St Unit A303, Indianapolis
Listed by: Rob Measel, FC Tucker Co.