Market Wrap: Why Rates Are Settling and Confidence Is Rising

Mortgage rates stayed steady through the first week of November, landing around the mid-6% range. With inflation reports trending in the right direction and bond yields softening, buyers have reason to feel encouraged again.

Why It Matters

Stability builds confidence. For months, volatility has kept many people on the sidelines. Now, calm conditions are giving prepared buyers the upper hand.

Opportunity Ahead

• Lower rate locks this week for well-qualified borrowers

• Sellers still offering concessions before the holidays

• Less competition heading into winter

  
  

Faith Perspective

Patience pays off — not waiting in fear, but preparing in faith. As the market balances, those who stayed consistent are now positioned to move.