09/17/2025
As many of you know, the Fed announced a rate cut today, and let’s be honest, we’re here for it! But a few things to consider: While a Fed cut doesn’t directly set mortgage rates, it does influence the markets that drive them and could signal more movement ahead. It also impacts other borrowing costs, like credit cards and auto loans, as well as savings yields, so it’s worth keeping the bigger financial picture in mind.
Many large, non-local lenders have already been spamming homeowners with refinance offers. While these may seem appealing, it’s important to make sure refinancing aligns with your long-term goals and that the timing is right to maximize your savings.
I know this is exciting news, especially for those who have been patiently waiting for movement! If you’re thinking about buying, lower rates can certainly improve affordability, and if you’re considering refinancing, be strategic. Reach out and let’s review the numbers together to make sure it truly benefits you!
