Do you know what mortgage interest rates were one year ago?
Take a guess.
Close… about 7.26%.
Today, the average 30-year fixed rate is hovering near its lowest level in almost three years.
What does that actually mean for buyers?
On the same home, the average buyer today is paying roughly $330 less per month compared to this time last year.
That's real money back in your pocket every month.
But here's the mistake I see people make every single time rates start to drop…
They wait.