Market Updates October 23, 2025

Mortgage fixed rate at 4.99% great option to buy a property

If you are in the market to buy a property there is a great loan program with a fixed rate of 4.99% it’s great rate for Buyers, the property has to be located in an elegible CRA census tract, what is a CRA? It’s the Community Reinvestment Act, Census Tracts are geographical areas used by the government to evaluate a bank’s performance in serving its local community, if you have questions, need more information please don’t hesitate to reach out, you can be on your path to buying a property at a great rate!

Rates are down, great option for buyers to take advantage to buy a home, they were at 5.9% 30 year fixed with no points, FHA rates were at 5.5% for a 30 year fixed loan program, variables rates were at 5.6 with no points, all loans are subject to income, credit qualifications, First Time Home Buyers have grants available to them that can help you lower your downpayment, for questions, more information please contact me.

Please check my website for current up to date information on the Homes that just came up for sale in the areas of your interest, thank you for your time to read this, have a great day!

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