Rates Are the Lowest They’ve Been in a Year Opening Doors for More Buyers
With mortgage rates at their lowest level in a year*, affordability has improved — giving more buyers the confidence to enter the market. Each rate drop can expand purchasing power, which could help clients afford homes that may have been out of reach just months ago. As demand begins to build, now’s the time to reconnect with prospects who were previously on the fence.
Let’s work together to get your clients into their new homes.
*Per Freddie Mac Primary Mortgage Market Survey® as of 10/23/2025
Weekly Market Update
Mortgage rates decreased this week, hitting a new yearly low.* This comes amid signs that inflation has eased from earlier in the year and that the economy is slowing modestly — enough for investors to believe the Federal Reserve could move forward with rate cuts before the end of 2025. Markets are watching closely to see if that trend continues in the latest inflation data, which plays a major role in shaping the path ahead for rates.
All eyes are on the latest inflation report, which helps set the direction for interest rates. Prices are expected to stay steady, and if that holds true, the Federal Reserve could make another rate cut before the end of the year — keeping mortgage rates near today’s lows.
The broader economy is cooling slightly, but that’s actually helping calm inflation and create more stability for buyers.
Lower rates mean more opportunity. If you’re in the market to buy, your monthly payment could go further than it did just a few months ago. And if you already own, now might be a good time to see if a refinance could save you money before rates shift again.
Initial Jobless Claims: ~217,000 (week ending 10/11/2025; official reporting delayed by the shutdown)
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10-Year Treasury Yield: ~3.98% (as of 10/17/2025)
For homebuyers, this dip in rates means greater buying power — the same monthly payment could now go a little further. For homeowners, it’s a chance to review current loans and see if refinancing makes sense. While rates may bounce around in the short term, the overall trend has been moving lower as inflation cools and the Fed shifts toward supporting growth. If your clients have been waiting for a better time to explore their options, this could be the opportunity they’ve been hoping for.
*Per Freddie Mac Primary Mortgage Market Survey® as of 10/23/2025
Rate info as of 10/23/2025, subject to change. Not financial/investment advice, consult a financial advisor for your specific situation.
Premium Mortgage Corporation’s Family Advantage Program can help provide a home where aging parents or adult children with disabilities can reside in a safe setting.
Property is considered primary residence not investment property.
Buyers must meet Conventional Owner Occupied financing requirements.
Buyers income must qualify for both their primary residence and the property being financed by Family Advantage.
Interest rate is the same as the rate for primary residence.
