Neighbor News
BIG NEWS: Mortgage rates just dropped into the 5s! 📉✨
For the first time in 3.5 years, the 30-year fixed rate is 5.98%. If you've been waiting for a sign to stop renting and start owning—this is
Market Milestone: Mortgage rates have officially broken the 6% barrier. 📉
According to the latest Freddie Mac data (Feb 26, 2026), the 30-year fixed-rate mortgage is now 5.98%.
See details:
realtormikemahoney.com/category/blog/
Why this matters for your move:
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐏𝐨𝐰𝐞𝐫: This is the lowest we've seen in 3.5 years.
𝐁𝐞𝐭𝐭𝐞𝐫 𝐈𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲: More homes are becoming available just in time for spring.
𝐒𝐮𝐛𝐮𝐫𝐛𝐚𝐧 𝐒𝐡𝐢𝐟𝐭: For those looking to transition from Boston rentals to suburban homeownership, the timing is critical.
The take-away: The "wait and see" period is ending. High-intent buyers are moving now. 🚀
#BostonRealEstate #MortgageRates #RealEstateTrends #MichaelMahoney #boston #Realtormikemahoney #movewithmike
