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Mortgage Rates In 2025: What Buyers And Sellers Should Know

Mortgage rates have remained one of the most closely watched factors in the housing market this year. While rates are still higher than many buyers would prefer, recent months have brought more stability compared to the sharper swings seen earlier in the cycle. That steadier pattern is helping buyers and sellers plan with more clarity as the market looks ahead to 2026.

As of December 29th, the average rate for a 30-year fixed mortgage is 6.19%, according to Mortgage News…

Whether you are a current or prospective homeowner or renter, and regardless if you are considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in San Antonio. We understand the importance of providing you with a transparent outlook on the health of the local market so that you can make informed real estate-related decisions. Our monthly blog is here to provide you with the data to create clarity.

What’s in This Issue?

This month’s market report blog covers the following questions on everyone’s mind. Read below to gain valuable market insights and connect with one of our local agents today!

• Are market conditions more favorable towards buyers?
• What caused the growth…

As home sales slow, price reductions soar, and mortgage rates increase, motivated sellers and builders are leveraging interest rate buydown incentives to make their homes more attractive and affordable.

This type of mortgage assistance may help offset the impacts of the market cool down, bridging the gap between what sellers want or need and what buyers are willing or able to pay. A win-win for both parties.

The idea is straightforward: Sellers and builders can make their home listings more attractive to buyers by lowering the buyer’s monthly mortgage payments. This financing strategy of sellers and builders paying money upfront to the buyer's lender in exchange for a temporary reduction in the mortgage interest rate is known as a 2-1 buydown.

Saving up for a down payment can be a challenge for those currently renting. For some, rising rent costs make it hard to break from the cycle and imagine homeownership as a reality. The average multifamily rent rose 10% year over year in Austin as of August 2022, according to the UNC Kenan-Flagler American Growth Project report for October 2022, which ranked the fastest-growing U.S. cities. If you’re curious, Austin ranked as the second-fastest growing city!

It's only natural to have questions when you're considering becoming a first-time homebuyer. For many, buying a home is an unfamiliar territory with unknown steps to navigate. As experts on the Austin housing market who have helped countless new buyers move forward with confidence, we’ve compiled…

Whether you are a current or prospective homeowner or renter, and regardless if you are considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in Austin.

We understand the importance of providing you with a transparent outlook on the health of the local market so that you can make informed real estate-related decisions. Our monthly blog is here to provide you with the data to create clarity. Email us with the questions on your mind to include in a future newsletter article.

After a summer of ups and downs, the fixed rate on a 30-year mortgage has surpassed 6% for the first time since 2008, and the Fed continues to be aggressive in raising rates to fight inflation.

While we…

The traditional fixed-rate mortgage isn’t the only home loan option available to people looking to buy a home in Austin. In fact, there are many types of home loans in Texas. We spoke to a few financial experts about the differences between fixed vs. adjustable rate mortgages, as well as a variety of creative ways to finance a home. Keep reading for more insight. 

What are the different types of home loans?

When it comes time to start your home search, you'll want to know the best financing option for you so you know how much home you can afford before beginning your search. Finding a home is exciting, and the process of deciding on what loan type to get or what company to go with can go much smoother if you’ve done some research. 

There are a few…

Mortgage interest rates have undergone dramatic changes in 2022, and they can even change multiple times a day, sometimes rising and falling. It is important to understand how a mortgage rate lock can protect you from the time you apply for your loan and the time you close on your home. It’s essential for potential buyers to be aware of everything that impacts the total cost of your loan—including interest rates.

A mortgage rate lock guarantees the rate on your mortgage stays the same from the time you are first quoted a rate to the time you close. With inflation, rising home costs, and rate changes by the Federal Reserve, mortgage interest rates have been rising and changing by the day. In a shifting market, the best thing you can do is be informed…

The American dream is intricately woven with the idea of buying a home, but the decision between renting and buying is one that is deeply individual. In Austin, like in many other cities, this decision is influenced by a myriad of factors, such as rising rents, climbing home prices, fluctuating interest rates, and the impact of inflation on the housing market. To make an informed choice that aligns with your unique circumstances, it is crucial to gain insights into both renting and buying options.

Renting in Austin

For many residents in Austin, the upfront costs associated with homeownership can be a significant roadblock on the path to buying a home. Price increases can make buying a home seem like an unattainable dream for some individuals or…

If you’ve been thinking about buying a home in the last few years, it may seem like the current interest rates are high. Purchasing a home is one of the biggest financial decisions most people make. No one wants to feel like they’ve paid too much money, so you’ll want to do your research to make the right choice for your unique situation.

It may be tempting to want to wait until interest rates go down to buy a home. Before you decide on a plan, you’ll want to understand where rates have been in the past and why interest rates fluctuate. 

How do mortgage interest rates work?

According to The Balance, a mortgage interest rate is a percentage of your total loan balance. This rate is paid on a monthly basis until your mortgage loan is paid off, along…