Mortgage Rates Just Hit a 5-Month Low—Here’s Why That Matters

📉 Mortgage Rates Just Hit a 5-Month Low—Here’s Why That Matters

Big news: mortgage rates just dropped to the lowest levels we’ve seen in 5 months. Why? It all comes down to some recent economic headlines.

President Trump announced a new plan to raise tariffs (extra taxes on goods from other countries). That has investors worried about how this could impact the economy.

When investors get nervous, they move their money into safer places like U.S. government bonds. And when that happens, mortgage rates tend to go down—just like they did today.

💡 What This Means for You as a Homebuyer:

✅ Lower rates = lower monthly payments
✅ You may qualify for more home than you could a month ago
✅ It’s a great opportunity to jump in before things shift again

But here’s the thing: rate drops like this don’t always stick around. If you haven’t already talked to a professional to get pre-approved or rate-ready, now is the time. It’s moments like these where being prepared really pays off.

📲 Let’s chat about what this means for your home search—and how to lock in a great rate while it lasts!