With over 27 years as a full-time REALTOR here in Colorado, I’ve learned that navigating the ups and downs of mortgage rates is just part of the journey—especially when rates are holding steady around 7% as we approach year-end. Sticky inflation and the possibility of another Fed hike could keep borrowing costs elevated for a while longer, with wider spreads on mortgage-backed securities adding to the challenge. A real shift downward in rates will likely require more than just patience: we’ll need to see sustained progress on inflation, calmer long-term yields, positive signals from the Fed, and healthier MBS spreads. For those considering buying, investing, or refinancing, it’s wise to use today’s rates as a baseline for planning, while viewing any future rate relief as a welcome bonus. My commitment remains to guide clients with integrity, insight, and service—helping you make informed decisions, no matter where rates stand.
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