Happy Fourth of July week! While fireworks and cookouts are on the horizon, there’s also movement happening in the mortgage and real estate world. Here’s a quick snapshot of what’s going on and what it could mean for buyers and sellers this summer.
We’re seeing increased engagement from buyers who had previously paused their search. Some are revisiting pre-approvals, while others are entering the market for the first time. If you’ve been on the sidelines, this may be a good time to revisit your options and see what’s possible now.
Programs that offer more flexibility—such as those with adjustable payments or structured incentives—are helping buyers ease into homeownership more comfortably. These tools can improve purchasing power or reduce up-front costs, depending on the scenario.
The Federal Reserve has not yet lowered its policy rate but has indicated that cuts are likely later this year. Their decision will continue to be based on inflation trends and employment data. Markets are currently expecting changes possibly beginning in early fall.
Even without official cuts yet, optimism about the future has already started to influence the mortgage market. That’s good news for homebuyers looking for a window of opportunity.
Homes that are well-maintained and well-priced continue to attract strong interest. In some areas, we’re seeing multiple-offer situations return—especially when buyers are well-prepared with strong financing in place.
If you're exploring options, I’m here to help you understand your numbers, evaluate scenarios, and find a strategy that fits your goals—whether you're buying, selling, or just planning ahead.
Wishing you a safe and joyful Independence Day!
Let’s talk when you're ready.
