Insider Discussion – Mortgage Rates Are Lowering AGAIN But Watch Out!
Insider Discussion – Mortgage Rates Are Lowering AGAIN But Watch Out!
Mortgage Rates are On The Move!
This week, our lending partners are reporting conventional 30-year fixed rates as low as 6.3%, and FHA loans dipping to around 5.4%. That’s a welcome shift, especially for buyers who’ve been sitting on the fence. It also opens the door for homeowners who purchased in the past year at rates in the 7’s — refinancing might now make sense. But don’t wait too long. The last time we saw a dip like this, rates shot back up toward 7% almost overnight. With mixed signals in the economy, now really is the right time to make your move.
I hope this information was helpful! If you are considering buying or selling a home, I would love to talk to you. I am a seasoned agent with over 24 years of experience in the local real estate market. I would love to be able to get you the financial result you desire from your current home to get you in to that Dream Home! Don’t hesitate to call me anytime at 260-579-1516 or you can email me at mike@mikearchbold.com.
Interest Rates Are Moving Again — And This Time It’s Good News for Buyers!
If you’ve been watching the housing market, you know that interest rates have been a rollercoaster over the past couple of years. But this week, we’re finally seeing some movement that favors you, the buyer.
Here’s the latest:
- ✅ Conventional 30-year fixed loans are being offered as low as 6.3%
- ✅ FHA loan rates have dipped to around 5.4%
That’s a meaningful shift—and it could make a major difference in your monthly payment and purchasing power.
What This Means for Buyers
For those who’ve been sitting on the fence, waiting for the right time to jump into the market, this is your sign. Lower rates mean more affordability and less money spent over the life of your loan. Even a 0.5% drop in rates can significantly reduce your monthly payment and increase your buying power.
What This Means for Homeowners
If you bought your home in the last year and locked in a rate in the 7’s, now might be the perfect time to explore refinancing options. You could save hundreds—maybe thousands—over the next few years.
Why You Shouldn’t Wait
Here’s the catch: the last time rates dipped like this, they spiked back up toward 7% almost overnight. With ongoing economic uncertainty, these lower rates might not stick around for long.
The window of opportunity is open—but it might not stay open.
Ready to Buy, Sell, or Refinance?
Reach out today and let’s talk about your options. Whether you’re purchasing your first home, upgrading, downsizing, or just exploring refinancing, I’m here to help you make the smartest move possible.
Contact Me Now or visit HoosierHomeListings.com
Michael J Archbold
Associate Broker, REALTOR, ePro
RE/MAX Results
8101 Coldwater Rd
Fort Wayne, IN 46825
c. 260-579-1516
e. Mike@MikeArchbold.com
w. www.MikeArchbold.com
Oh, by the way… if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them.
Why Does RE/MAX Results Stand Out Among the Competition?
Simply put: Relationships. We pride ourselves not only in our professional service but more importantly in the personal touch we bring to our business. Has an agent/lawyer/contractor/vendor ever treated you like you were just another paycheck? The reason our clients come back time and again and refer all their friends and family to us is because they know we are part of the family.
Genuinely caring about the people we serve enables us to do things other agencies can’t. Rest assured, we will ALWAYS have your best interest at heart and work vigorously to get you the best deal possible on your home or business. The relationships we build with our clients enable us to work 100% by referral.
The reason we are able to give top notch service to our clients is because our clients refer us a constant stream of quality family and friends to assist in their real estate needs. While other agents are out making cold calls and chasing “potential” leads, we are freed up by our referral base to service our clients like no other broker can. We are never too busy for your referrals!
Want to experience the difference for yourself? Call or text me today at 260-579-1516.
“Professional Service with a Personal Touch“
We’re Here To Help
Are you or someone you know considering a home purchase? Don’t hesitate to call or text me, Michael Archbold, at 260-579-1516 and I will connect you with the best mortgage professionals in the business who can get you your score, discuss ways to improve it if necessary, and put you on the path to home ownership. Click here to read more about our Buyer Services. Click here to browse listings NOW! Looking to sell your home? Call today to set up an appointment to begin developing your customized marketing plan. Click here to read more about our Seller Services.
Hoosier Home Listings by RE/MAX Results is a full service real estate Web site serving Northeast Indiana. We assist residential and commercial clients in locating, buying, and selling real property in the State of Indiana including but not limited to the counties of Allen, Huntington, Wells, Adams, Whitley, Wabash, Kosciusko, Noble, Dekalb, Lagrange, Steuben and cities including Fort Wayne, Decatur, Bluffton, Huntington, Warsaw, Columbia City, Butler, and Angola. RE/MAX Results is an Equal Housing Opportunity company.
Hoosier Home Listings – Insider Discussion – Mortgage Rates Are Lowering AGAIN But Watch Out! …
… brought to you by Michael Archbold, Hoosier Home Listings, and RE/MAX Results.
The consummate professional, Michael Archbold (Associate Broker, REALTOR, ePro) brings a diversified background to the world of real estate. Born and raised in Fort Wayne, Mike graduated Wayne High School in 1992. He received bachelors degrees in Accounting in 1997 from Indiana University and Information Technology in 2005 from Indiana Wesleyan University. Mike comes to Re/MAX with more than 20 years of experience in sales and accounting. He began his career in real estate in 2000 as an investor.
