01/15/2026
For any VA and MD house shoppes!
If you've been watching mortgage rates, today's a solid day to check rates. Right now, the average 30-year fixed mortgage in MD and VA is sitting pretty at about 5.9% to 6% — much more steady compared to where we've been. 15-year fixed? Even better, around 5.25% to 5.3%.
So if you've been waiting, this might be your chance. Shop around with different lenders and get a rate lock if it feels right.
I have a really good lender that I've worked with over the years, so let me know if you need the contact information😉
The spring market's coming soon so expect more competition. Let's start shopping now🥰
The top economist at J.P. Morgan believes the Federal Reserve is done cutting interest rates and will hold policy steady through 2026, with the next move likely a hike in 2027.
"We now expect the Fed to hold rates throughout 2026 with the next move to hike later in 2027," wrote Michael Feroli, the bank's chief U.S. economist, in a client note.
The forecast comes after a series of Fed rate cuts in the fall and winter of 2025, which helped to push mortgage rates down to their lowest level in more than a year.
