Posted by Matthew Fletcher on Saturday, September 20th, 2025 7:04am.
Although the Fed doesn't directly control mortgage rates, many economic indicators helped to push mortgage rates down before Fed made their .25% cut this past week. As they did before, mortgage rates actually ticked up a little after the Fed lowered their rates, but with rates staying "lower for longer", as we've been waiting for, my clients are consistently seeing rates in the low 6s, and even dipping into the high 5s in recent days.
My conversations often revolve around timing. Sellers ask if they should wait until the new year to list when rates may have dipped further, while buyers toy with trying to time the rate movements and catch some magical 30 year rate they think they'll keep for the full 30 years. Most buyers, however, will refinance for one of many reasons before paying off the home, so my advice to buyers is always to buy as soon as the right home aligns with a monthly payment you're comfortable with. Keep this in mind: If/when rates drop in 2026, there's going to be a deluge of buyers re-entering the market, which will increase the competition once again, and could put renewed upward pressure on prices! My advice is "don't try to time the market!"
For sellers, timing is so case-sensitive. I'm currently preparing two homes for sale (one in Eastbluff and a historic home in Anaheim - call me for details), and both sellers are ready to sell now. So, we'll be listing as soon as the preparation and staging is complete, with no consideration for trying to perfectly time the market, once again. If you feel paralyzed by trying to get the timing perfect, let's meet up and talk about all the factors to help determine if there's a strong enough reason to wait to make your move.
Call or text me and let's discuss your personal circumstances and goals!
-Matthew