Real Estate Today Mortgages Made Simple: What Buyers Need to Know
Sep 5, 2025
Heather Haase, a seasoned real estate pro from Keller Williams Advisors Realty, joins Austin Niemiec, Chief Revenue Officer at Rocket Mortgage, to demystify mortgages for buyers. They tackle current mortgage rates and the impact on affordability, urging buyers not to hesitate. Listeners learn about bridge loans as a powerful tool, strategies for managing adjustable-rate mortgages, and the importance of choosing the right lender. Plus, they explore unique home design trends like floating stairs and the concept of slow decorating.
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Rates Are Stable, Not Guaranteed To Plummet
- Mortgage rates have stayed in the mid-sixes for much of the year, creating recent stability in the market.
- Rate drops can precede Fed cuts and are not tightly or immediately linked to the Fed funds rate.
Equity Eases The Lock-In Effect
- Many homeowners remain locked into very low rates, but accumulating equity gives them flexibility to move.
- Repeat buyers are placing larger down payments driven by rising home equity.
All-Cash Buying Near Record Levels
- Cash purchases remain unusually high, with about 31% of buyers paying all cash in recent data.
- Cash buyers are often baby boomers, investors, and vacation-home buyers tapping housing equity.