FINALLY, a drop in mortgage rates.

Update: In the months following this blog post, 30-year fixed mortgage rates continued to fall, culminating in a low of 5.75% in February 2026. Our hopes for “breaking the real estate dam” soared as we imagined homeowners with 3% mortgages now seeing 5.75% rates as being “close enough” to move. The Iran war, tariffs, and…