📉 Mortgage Rates Drama: What's the Deal?

Hey fam! Mortgage rates just slipped a bit this week. The average for a 30-year mortgage dipped to 6.85%, down from 7%. But here’s the kicker—the 15-year rate's also down to 5.93% which means huge savings on interest but crazzzy high monthly payments. Is it worth it? 😅 Oh, and jumbo loans are chillin' at 7.41%! Do you think refinancing might be a smart move now? 🤔 Get those calculators out! MortgageRates #HomeBuying #FinanceTalk MortgageRates HomeBuying FinanceTalk #RealEstate