Rates up for Second Week, But Consumer Prices Post Biggest Decline In Six Years

Mortgage rates increased by another six basis points last week according to the Freddie Mac Primary Mortgage Market Survey as of July 16th.  This puts the 30-year fixed rate at its highest point since late August 2025. Although purchase application demand has weakened recently, housing affordability is more favorable and housing inventory continues to rise, […]

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“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh