In a market where interest rates can feel like a moving target, homebuyers are looking for smart ways to make their monthly payments more manageable. One popular strategy gaining traction is the 1/0 buydown.

With high interest rates affecting home affordability, many buyers and sellers are exploring creative ways to make deals work. One powerful strategy gaining attention is the permanent interest rate buydown.

It was a slow week for economic data so most of the focus was on Wednesday’s FED meeting. The FED committee believes that despite last week’s negative GDP, economic conditions remain relatively solid despite stubborn elevated inflation. Chairman Powell continues to emphasize that the FED will take a wait and see approach to future monetary policy, especially with the uncertainty around the impact of tariffs.

Mortgage markets seem to return to some normal behavior this week, trading mostly on economic data vs. political policy. Most economic data was generally stronger than expected, pushing rates up just a bit. We will end the week right at 6.5% for most 30-year fixed scenarios.

Another decent week for mortgage rates, as the absence of new tariff drama in the past few days helped settle mortgage markets as we continue to recover losses from two weeks ago. We moved down to 6.375% for most 30-year fixed conventional scenarios.

Markets were a bit calmer this week and mortgage rates made a nice bounce back. We will end the week right at 6.5% for most 30-year fixed conventional scenarios. Most of the positive movement this week occurred on Monday and Tuesday as investors started to get more comfortable with the current economic landscape. With the prior week being filled with back-and-forth tariff headlines from the US and China, this week was a bit calmer, which was certainly positive for the market