Lower mortgage rates, an ARM comeback, and a pivotal Fed moment are reshaping late-summer housing dynamics. This episode breaks down what buyers, sellers, and pros should watch as affordability improves—and where strategy matters most.

• 30-yr fixed averages ~6.5–6.6% (lowest since Oct ’24) as apps rise and refis surge (~45% of volume) 🔻📈
• ARM edge: 7/6 SOFR ~6.13%; many 5/6 quotes sub-6% → meaningful monthly savings vs fixed (know the risks & the fully-indexed-rate qualifier) 🧮
• Inflation check: CPI 2.7% YoY headline / 3.1% core; next up—PCE on 08/29 (the Fed’s preferred gauge) 🔎
• Jackson Hole: Powell speaks Friday 10am; tone could sway cut expectations and near-term mortgage pricing 🎤
• 2024 context: rates eased post-Jackson Hole and after the first cut—then firmed when guidance turned hawkish; expect data-dependence again 🧭
• Housing pulse: more price cuts and longer DOM in several markets; hyper-local conditions drive negotiation odds 🏠
• Strategy: target stale listings, ask for concessions/buydowns (especially powerful with ARMs), and don’t overreact to any single headline ✅
• Pros: lead with empathy—tight wallets mean value framing, clarity on options, and ongoing rate monitoring for clients 💬

Subscribe and share if this helped you navigate today’s market. Want a personal scenario run? DM Pete for a quick numbers check. #MortgageRates #HousingMarket #RealEstate #Refinance #ARM #JacksonHole

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Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
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*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.