Mortgage Rate Drop Spurs Buyer Interest

September brings great news for potential buyers: mortgage rates across the U.S. have hit their lowest point of the year.

The 15-year fixed rate is now 6.20% and the 30-year fixed rate has decreased to 5.27%—a drop of nearly 19% from last year. This significant drop in rates could be the perfect window of opportunity for those buyers who’ve been waiting on the sidelines.

With more buyers entering the market, this could help jumpstart movement in what has been a slower summer for home sales.

How Offerpad Can Help You Sell Fast

If you’re considering selling your home, this may be an ideal time to act. At Offerpad, we make it easy to sell your house fast, as-is with a cash offer without the hassle of showings or repairs. Whether you’re looking to sell your house online or list it traditionally, we’ve got you covered.

We’re here to help you easily sell your home fast with convenience and maximum exposure.

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Market Update: Mortgage Rates at Their Lowest This Year

Mortgage Rate Drop Spurs Buyer Interest

How Offerpad Can Help You Sell Fast