01/12/2026
In case you missed it: mortgage rates briefly dipped to 5.99% on Friday, the lowest we’ve seen in 3 years.
Rates are volatile and change daily, and individual pricing will depend on credit, lender, and loan structure. But for buyers who stepped back during the higher rate environment of the past few years, this is an encouraging shift.
For context, the average 30-year fixed rate has recently been hovering in the low-6% range, well below early 2025 levels.
Lower, more stable rates =
Increased purchasing power
Confidence to plan and move forward
The best opportunities go to prepared buyers. If you’ve been waiting for the right moment, this is a good time to review your options and get prepared.
Source: Mortgage News Daily, national market reports
Michelle Kenney
(808) 344-5577
[email protected]
Coldwell Banker Island Properties