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BiggerPockets Daily

Mortgage Rates Fall—A New Trend or a Blip?

05 Jul 2025

Description

Mortgage rates have dipped to 6.67%, their lowest level since early April—and that shift is giving buyers a rare boost in purchasing power. In this episode, we break down what the recent drop means for affordability, why a $3,000 monthly budget now stretches $16,000 further, and how sellers can take advantage of renewed buyer interest. With economic uncertainty looming and rates still volatile, this might be a short-lived window of opportunity for both sides of the market. Learn more about your ad choices. Visit megaphone.fm/adchoices

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