08/30/2026
Mortgage rates ease to seven-week low as buyers return to market
We’re seeing a positive shift in the mortgage landscape: the 30-year fixed rate has eased to 6.43%, marking its lowest point in seven weeks, while the 15-year rate now sits at 5.79%. This drop is already encouraging more buyers back into the market, thanks to improved affordability, a solid supply of homes, and a slower pace of price growth. Drawing from my background in mortgage lending, real estate brokerage, and property valuation, I find these trends especially promising for anyone considering a purchase, refinance, or investment. The current environment is presenting new options for buyers and homeowners alike—insight into both value and financing can make all the difference in navigating these opportunities.