05/28/2026
Mortgage rates are continuing to hover near their lowest levels in the past couple of weeks, with today’s average 30-year fixed rate sitting around 6.59%. While markets are still reacting to global events and economic news, we are seeing some encouraging stability heading into summer.
For buyers, even modest improvements in rates can increase purchasing power and create more confidence to move forward rather than waiting on the sidelines.
For sellers, stable rates are equally important. When buyers feel more confident about monthly payments, we typically see stronger activity, more serious showings, and better momentum in the market overall. Homes that are priced well and presented properly are still attracting attention, especially as inventory remains limited in many areas.
With inflation and bond markets continuing to shift, rates may still fluctuate in the coming weeks, but current trends suggest gradual improvement rather than major increases.
The reality is this: real estate is still moving. Buyers and sellers who stay informed and prepared are putting themselves in the best position to succeed, regardless of where rates move week to week.
If you have been thinking about making a move, curious about inventory levels, or interested about market conditions feel free to reach out. 🏡
