🏡 Real Estate Update: Mortgage Rates Are Easing (Nov 2025) (https://www.marketwatch.com/story/mortgage-rates-fall-sharply-on-expectations-of-a-fed-rate-cut-will-they-keep-on-dropping-from-here-18d03650) Mortgage rates have finally moved down a bit after a long stretch of higher rates. Recent reports show the average 30-year fixed mortgage rate dropping into the low 6% range. That’s still higher than the 3% days, but it’s noticeably lower than the 7%+ we’ve seen over the last couple of years. What’s going on: - Rates are easing as inflation cools and markets expect future Fed rate cuts - Lower rates are bringing more buyers back into the market - Some sellers are adjusting prices after a slower period What this means for you: - A small drop in rates can reduce your monthly payment - It can also help you qualify for a slightly higher price range (if the rest of your numbers are solid) - You don’t need to rush, but you should understand how your payment changes as rates move How to use this: - If you’re 3–12 months out, use this time to work on credit, debt, and savings - Learn your numbers now so you’re ready to move when the right home and rate window line up for you - If you want help seeing “what would my payment look like at today’s rates,” post in the community with your state and rough price range