10/22/2026
Rates in the 7% range feel high if you’ve only been watching the market since 2020… but historically? They’re pretty normal.
The long-term average 30-year fixed rate since 1971 is around 7.7%. We saw 16–18% in the early ’80s. The sub-3% rates from 2020–2021 were the exception, not the rule. Today’s ~7.3–7.4% is closer to what most of the last 50+ years looked like.
Meanwhile in Tampa Bay, buyers have real leverage right now. More inventory, longer days on market, price reductions, and sellers offering concessions. The frenzy years are over, and that creates opportunity if you’re ready.
And while we’re talking about local energy — the Rays are headed to the World Series (first time since 2020) with a chance at the franchise’s first title. The Bay is buzzing. ⚾️
If you’ve been waiting for the “perfect” rate, you might be waiting a long time. The combination of historically normal rates + a buyer-friendly market is worth looking at.
DM me if you want to run the numbers on what’s actually available right now.
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