Shelly Powell+FollowMortgage Rates Drop: Time to Refinance?Grab your coffee—here’s the scoop: The Fed just cut rates again, and mortgage rates are finally under 6% for a 30-year loan. That’s the lowest since 2022! If you’ve been holding off on buying or refinancing, now might be your window. Just remember, rates can bounce around, so if you spot a good deal, consider locking it in. And don’t forget to factor in those pesky closing costs if you’re thinking about refinancing! #RealEstate #mortgagerates #refinance30Share
Shelly Powell+FollowMortgage Rates Dip: Should You Refinance Now?Coffee break tip: Mortgage rates just slipped below 6.2% for the first time in over a year, and folks are jumping on new home loans and refinancing deals. If you’ve been waiting for a better rate to refi or buy, now’s the time to peek at your options. More people are locking in lower payments, especially with FHA loans that need less money down. Don’t snooze if you want to save on your monthly bill! #RealEstate #MortgageRates #Refinance00Share
Brad Caldwell+FollowFed Rate Cut: Is It Time to Refinance?Heads up, homebuyers and homeowners! The Fed is likely to cut rates again, which could mean even cheaper mortgages are on the way. Rates have already dropped from over 7% to around 6% this year, making it a good moment to check if you can snag a better deal. If you locked in a high rate last year, refinancing now could save you some serious cash. Keep an eye out—your next coffee break could be the perfect time to shop around online! #RealEstate #mortgage #refinance00Share