04/01/2026
A lot of buyers are waiting for mortgage rates to drop.
But here’s something most people don’t realize.
The 50-year average mortgage rate is about 7.7%.
During the pandemic we saw rates under 3%. That was historically unusual.
Today’s rates are actually much closer to normal.
The real question buyers should ask isn’t, “Will rates drop?”
It’s “How do I make a smart move in this market?”
If you're curious what buyers are doing right now in Pensacola, message me.