✨MDCS Realty. Turning dreams into reality. One 🔑 at a time. ✨

Rate Watch (as of Aug 28, 2025)

30-Year Fixed: ~6.56% (10-month low)
15-Year Fixed: ~5.94%
Refinance Interest: Trending upward as more households regain savings potential.

Next update: Thursday, Sept 4 (Freddie Mac Weekly Survey).

What’s happening in the market?

• Mortgage rates easing: At ~6.5%, buyers are feeling a little relief in monthly payments. Still, affordability remains a challenge in many areas.

• Prices holding firm: The Case-Shiller index continues to show year-over-year growth, though slower. Local supply and demand matter more than national averages—especially here in Temecula Valley, Winchester, and Murrieta.

• Fed in focus: The Federal Reserve meets Sept 16–17, and markets expect a possible rate cut. Even if that happens, mortgage rates don’t always follow lockstep—expect bumps.

What this means for you

For Buyers

• Refresh your pre-approval this week. Rates shift daily, and a 0.25% change can move your payment more than you think.

• Compare buydown scenarios (1–2 points). A little extra upfront can create breathing room on monthly costs.

• Act fast on well-priced homes—inventory is still competitive.

For Sellers

• A dip in rates means more buyers re-entering the market.

• Today’s buyers are value-driven. Price correctly and prep well (repairs, staging, clean presentation).

• Consider offering credits for rate buydowns to widen your buyer pool and spark stronger offers.

This Week’s Watchlist

• Tuesday (Sept 2): ISM Manufacturing Report — A read on factory activity; weak numbers could push yields (and rates) lower.

• Wednesday (Sept 3): MBA Mortgage Applications + Fed Beige Book — Early pulse on lending activity and regional economic conditions.

• Thursday (Sept 4): ISM Services Report — Services drive the majority of U.S. growth.

• Friday (Sept 5): Jobs Report (August) — The most important release this week. A cooler labor market = stronger case for a Fed rate cut in September, which may put downward pressure on mortgage rates.

Local Game Plan (Temecula Valley & Surrounding Areas)

• Active buyers: This is the week to lock or float depending on your comfort. Have a conversation with your lender before Friday’s jobs report.

• Sellers prepping to list: Consider launching the weekend after Labor Day to catch fresh buyer traffic. A pre-inspection or light updates now could help your home shine when demand ticks up.

👉 Thinking of making a move this fall? Let’s talk strategy—whether that’s locking your best rate or positioning your home to attract the right buyer.

📞 Lamonica Harrison, REALTOR® | DRE #02283338
Century 21 Affiliated
“Turning dreams into reality, one key at a time.”
Phone: 757-354-8993 | Email: Lamonica.harrison@c21affiliated.com