Interest Rates Are Easing: What That Means for Buyers, Sellers, and Investors

Quick Take: Mortgage rates have fallen into the mid-6s for a 30-year fixed—opening up buying power, refi opportunities, and potential demand for listings that stalled earlier this year.

What’s happening now

• The 30-year fixed averaged ~6.35% in the latest Freddie Mac survey, down 15 bps week-over-week.

• The MBA reports the average contract rate also fell to ~6.49%, and applications jumped.

• Falling Treasury yields and expectations for Fed rate cuts are the main drivers.

What it means for you

• Homebuyers: Lower rates = more home for the same payment. Get fully underwritten and rate-lock options ready so you can strike fast.

• Homeowners (Refi): If your current rate starts with a 7 or 8, run the math—refi savings might be meaningful even after closing costs.

• Sellers: More qualified buyers should re-enter. Pricing still matters—use current comps, not 2021 nostalgia.

• Investors: Better debt service coverage improves viability. Still underwrite conservatively and stress-test rents, taxes, insurance.

Want a tailored rate game plan?
👉 Book a free strategy call: Booking Link

Sources (copy/paste):

• Freddie Mac PMMS (Sept. 11, 2025): https://www.freddiemac.com/pmms

• PMMS weekly archive: https://www.freddiemac.com/pmms/pmms_archives

• MBA weekly survey (rates/apps): https://newslink.mba.org/mba-newslinks/2025/september//mortgage-applications-increase-in-latest-mba-weekly-survey/

• Reuters recap on rates/apps: https://www.reuters.com/business/us-30-year-mortgage-rate-slides-11-month-low-mba-data-shows-2025-09-10/

• AP overview on rate drop: https://apnews.com/article/0006ffb29d80352c87da5b2b5b08e8fa