Published March 24, 2025
Interest Rates dropping 📉 faster than expected
Friends -
Money nerds are changing their minds about mortgage rates.
Financial forecasters predicted rates would be 6.97% 
by the end of March.
by the end of March.But guess what?
They're already down to 6.7%!
That's like ordering a pizza 
for delivery at 8pm and having it show up at 7:30pm. (Which reminds of a pizza delivery story I need to share…)
for delivery at 8pm and having it show up at 7:30pm. (Which reminds of a pizza delivery story I need to share…)This is exceptionally positive news if you've been waiting to buy a home.
The market is moving faster than expert predictions, creating potential savings opportunities.
Look at this chart I attached. See that line dropping faster than expected? That represents significant savings for potential homebuyers.
Most consumers underestimate how impactful a small rate drop can be. On a $550,000 home with a 10% downpayment, you save about $122 per month.
What could you do with an extra $122 bucks? Hire a pool guy? Stock up on 18 Maverik Burritos? 
(best value in the Burrito game BTW...)
(best value in the Burrito game BTW...) Or toss it into an Investment account if you're into that kind of smart saving :).
Perhaps more importantly, note that every 1% drop in rates = a 10% increase in purchasing power…yeehaw! 
The housing market tends to heat up when the masses learn that rates are dropping, but as with all things economics, time will tell.
So maybe it's time to dust off those home-buying plans. The window might be opening sooner than we all expected.
Want to chat about what these new rates mean for your situation? Hit reply and let me know.
Talk soon,
-Jeremy "Still analyzing those rates 
" Larkin
" Larkin PS - Here's a link to our Spring 2025 Buying Guide, no email or other nonense required!
Thank you! We commend you and your support staff for the excellent job you have all been doing in your attempt to sell one of our rental properties. From the first time I had contact with Jeremy to the present; we have been kept informed about every aspect of your efforts and the details of the procedures you have used to market the house. Thank you!
-Bob & Nancy, Red Cliffs Area
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