We're Welcoming Spring Homebuying Season with Falling Mortgage Rates!

We're Welcoming Spring Homebuying Season with Falling Mortgage Rates

Buying a home in the US has been a rollercoaster ride lately, with high prices and limited options making it tough for potential buyers to catch a break. But there's a glimmer of hope on the horizon: mortgage rates are on the decline!

Mortgage rates have fallen for four weeks straight, reaching a 7-week low of 6.4%.

This comes after the financial turbulence caused by several banks' collapse, which helped push Treasury yields down — a critical factor in determining mortgage rates.

While borrowing costs are still high and inventory is low, this dip in mortgage rates is welcomed news for Spring homebuyers.

Begin your home loan process today!

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