03/20/2026
Mortgage rates have moved up from where they were a couple weeks ago, and yes, a big part of that shift is tied to what’s happening globally right now.
It’s important to acknowledge that, because these aren’t just random changes. And we don’t know how long rates will remain elevated.
But here’s what I want my buyers (and my realtor partners) to understand…
When rates rise, a lot of people pause.
And when people pause, the market often opens up in ways it doesn’t when rates are lower.
Right now in Spokane, that can mean:
• less competition
• more negotiating power
• opportunities for seller concessions
And if you’re under contract, we’re watching the market closely for opportunities to float your rate down before closing.
If rates improve later, refinancing is always an option too.
So instead of trying to perfectly time the market, the focus should be on making a smart, well-structured move based on your goals.
That’s where strategy comes in and that’s where I can help.🤍
