01/13/2026
🗣️Rates are lower...grrreattt, but what's that actually mean?? If you're friends with a REALTOR or your algorithm has caught onto your late night Zillow or realtor .com scrolling, you've seen the headlines - "LOWEST MORTGAGE RATES IN 3 YEARS" But lets look at what that actually means because not all of us speak REALTOR, mortgage lender, or percentages, and "low" doesn't pay the bills.
December 2024
- Rate: 6.87%
- Average purchase price: $363,651
- 5% down payment: $18,182
Payment: $2,269.48
December 2025
- Rate: 6.0%
- Average purchase price: 370,961
- 5% down payment: 18,548
Payment: $2,112.89
The difference is $1 5 6 . 5 9 /mo! OR $1,879.08/yr.
That's a hefty chunk of change to me!
That's:
🥑 A grocery bill
☕️ Several coffee runs
🚗 Your car insurance
🏝️ Small trip with the yearly savings
🎥 A night out with the family every | month
👗 lots of new clothes
I'll take that! 💰 Plus there are additional 'hacks' to keep even more of your money in your pocket each month. 📉
➕The Pro: Your buying power just got a boost. You could afford more house for the same monthly payment. The market right now has about reached equilibrium.
➖ The Con (because there always is): You aren't the only one seeing this. As rates dip more buyers are coming into the market - that might mean your savings could be eaten up by increased prices...this is how the market works. It's called supply and demand.
👋🏼 I'm always here to help find what works for you and when. Anyone can throw a rate at you or just show you houses or put a sign in your yard. I'm here to translate those numbers into real life and provide clarity and strategy. If you're looking for an agent who values your bank account as much as your floor plan - you've found the one!
Sarah Lies
REMAX Elite, REALTORS
[email protected]
816-352-3778 (direct)
816-373-8400 (office)