Take Advantage of the Lowest Rates in 11 Months

Mortgage Rates Hit a Rare Low

Mortgage rates are holding near their lowest levels in almost a year - and buyers are taking notice. Last week, mortgage applications saw their biggest spike since 2021, a clear signal that affordability is improving and demand is heating up.

What This Means for Buyers

• Lower borrowing costs. Even a 1% drop in rates can boost buying power by nearly 10% or reduce monthly payments significantly.

• More opportunity to negotiate. Sellers are still flexible right now, giving buyers a chance to lock in favorable deals before competition increases.

• Momentum is building. With demand picking up, waiting too long could mean facing multiple offers and less negotiating room.

What This Means for Sellers

For sellers, the message is just as important: as buyers return, well-priced homes will move faster. This is the time to ensure your property is positioned competitively and marketed with strong local expertise.

Why Act Now?

Periods of low rates rarely last long. Market shifts - like new economic data or Fed announcements - can cause volatility. Acting while rates remain near 11-month lows gives buyers the best chance to maximize affordability and sellers the opportunity to capture fresh demand.

📉 Ready to make a move while rates are still low?
Let’s connect this week to review your numbers, explore loan options, and create a plan to take advantage of today’s market.

Happy House Hunting!

EO&A Team



Elizabeth, Anne, Ian, Ksenia, Cliff, Annie, Erica, Mike, Beth, Nina, Sidra, Karen, Annie, Aidan

707.312.0819
hello@eoanda.com
www.eoanda.com