05/07/2026
Mortgage interest rates are still moving around this week, with average 30-year rates sitting around the mid-6% range. While that can feel discouraging, there are still opportunities for buyers who are prepared and patient.
A few tips for homebuyers right now:
🏡 Don’t focus only on the rate — focus on the monthly payment and overall affordability.
💰 Shop multiple lenders. Even a small rate difference can save thousands over time. (This is where I can help with as a Mortgage Broker)
📉 More inventory and price reductions in some areas may create better negotiating opportunities for buyers.
🔒 When you have the right home under contract, we can lock your rate to protect it from market swings.
📈 Remember: rates can change later, but buying the right home at the right price can still be a smart long-term move.
If you have questions about buying now versus waiting, feel free to reach out. I’d be happy to help you understand your options and what makes sense for your situation.
NMLS ID: 2739986
NEXA Lending, LLC NMLS ID: 1660690
[email protected] (414) 241-9354
Mortgage rates climbed to 6.37% this week as U.S. forces clashed with Iranian speedboats in the Strait of Hormuz, rattling financial markets and stoking inflation fears. The silver lining: median new-home prices are at their lowest level since July 2021, and inventory is higher than in recent years, which could help ease affordability pressures this spring.