06/04/2026
As we have all witnessed, interest rates for home mortgages have been staying in step with oil prices. With everything going on in the world and the uncertainty that comes with that, it's important to stay educated and informed.
Today interest rates are averaging around 6.25-6.625% range. Historically, this is considered a healthy real estate market. There are actionable things you can do as a home buyer in this market.
1. Talk to your local lender, get pre-approved and ask them about your options, including rate buy downs and rate locks.
2. Connect with an experienced local agent who will help guide you through negotiations.
3. Recognize that our market is behaving as a buyer's market. Buyers have a strong negotiating position, and can ask for different things that will help you get into the house you want, depending on your needs.
Don't let fear keep you out of the game!
Thinking about buying? Feel free to call me anytime to discuss your situation and the solutions that are available.
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Casey Brown, Realtor with LRG Collective
Google my reviews at "Casey Brown Real Estate"
435 414.3139