Mortgage Rates Hold Steady Under 7% for Nine Consecutive Weeks
March 20, 2025
The 30-year fixed mortgage rate remains at 6.67%, keeping rates under 7% for nine consecutive weeks—a promising trend for both buyers and sellers. The 15-year fixed mortgage rate also dipped slightly to 5.83%, providing additional options for those looking to refinance or buy with a shorter term.
With rates stabilizing, now is a great time to explore homeownership while also leveraging temporary buydowns to lower initial mortgage payments.

Why Temporary Buydowns Still Matter
A temporary buydown can significantly reduce your monthly payments during the first few years of your loan:
2-1 Buydown: Your interest rate is 2% lower in the first year, 1% lower in the second, before returning to the original rate.
3-2-1 Buydown: Offers a 3% lower rate in year one, 2% in year two, and 1% in year three before adjusting to the full rate.

What Should You Do? 🤔
📞 Call me for an honest opinion on what makes the most sense for your situation. Whether you’re looking to buy, sell, or wait, I’ll provide data-driven advice—not sales pitches.

👉 Schedule an Online Consultation:
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The right move in real estate is the one that aligns with your goals—let’s figure it out together.