Why Your Mortgage Rate Isn't Budging

Thinking about buying a home or refinancing? Mortgage rates are basically stuck in neutral right now—30-year loans are hovering around 6.9%. That’s only a hair lower than last week, so don’t expect a sudden drop. The real drama? Even with the Fed trying to help, rates aren’t falling much, so if you’re waiting for a big dip, you might be waiting a while. Pro tip: Use a mortgage calculator to see what your monthly payment would look like before you jump in! #HomeBuying #MortgageTips #MoneyHacks #RealEstate