06/05/2026
🤝 For the first time in a while, buyers and sellers may finally be speaking the same language.
🏡 Weekly Market & Mortgage Update | West Michigan
Here's your quick market snapshot this week:
✔ 30-Year Conventional: 6.53%
✔ FHA 30-Year Fixed: 6.25%
✔ Buyers and sellers are showing improved agreement on pricing
✔ New mortgage incentives are emerging for innovative housing options
✔ Experts continue watching for potential rate relief later in 2026
💡 What this means:
While mortgage rates moved up slightly again this week, one of the most encouraging trends is that buyers and sellers appear to be finding more common ground on pricing.
That's often what helps transactions happen.
For buyers, opportunities still exist as inventory improves in some areas.
For sellers, realistic pricing and strong marketing continue to attract serious buyers who are actively looking before summer gets into full swing.
Whether you're considering:
🏠 Buying your first home
🌊 Finding a waterfront or vacation property
📈 Investing in real estate
🔑 Selling and maximizing your equity
..having the right guidance can make all the difference.
🤝 A big thank you to Travis Gregg - Ruoff Mortgage - NMLS 1177090 for providing these weekly lending and mortgage insights.
Travis and I work together to help clients understand the entire process—from financing options and mortgage strategy to local market expertise, negotiations, and getting you successfully across the finish line.
If you've been wondering what today's market means for your goals, we'd be happy to help.
📲 Reach out anytime.
Kevin Schippa
Broker Associate/Market Advisor
Better Homes and Gardens Real Estate Connections
616-212-3391
SellBuyMichigan.Com
[email protected]
Client and Community Focused
-Your Resource For West Michigan Real Estate