Housing Market Update August 10th 2025: Best Rates In The Past 12 Months

 


August Housing Market Update: Why Rates Just Hit Their Best Point of the Year

If you’ve been waiting for a sign to make your next move in real estate—whether that’s buying, selling, or refinancing—this could be it. The first week of August brought a major shift in the mortgage market, and it’s giving both homebuyers and Realtors a rare window of opportunity.

What Happened on August 1?

The monthly jobs report came in far weaker than expected—just 70,000 new jobs compared to the 110,000 economists predicted. On top of that, the previous two months’ numbers were revised downward by a whopping 275,000 jobs.

Why does that matter?
Markets took it as a clear sign that the economy is slowing, and that the Federal Reserve will almost certainly cut interest rates in September. In fact, the bond market—the biggest driver of mortgage rates—reacted immediately, pushing rates down sharply by lunchtime on August 1.

Rates Are Already Pricing in the Fed Cut

Even though the Fed hasn’t officially moved yet, the market tends to act in advance. Investors now believe there’s a 94% chance of a September rate cut, and that confidence is already reflected in today’s mortgage rates.

In other words—you don’t need to wait until September to get the benefit.
The market already “delivered” the rate cut on August 1.

Why This Matters for Homebuyers

  • Better Affordability: Lower rates can mean hundreds of dollars in monthly savings, improving your purchasing power.

  • More Inventory Options: Sellers may be more motivated as buyer demand rises with improved financing conditions.

  • Lock in While It’s Good: Rates can change quickly. Economic data, inflation reports, or market surprises could erase these gains overnight.

Why This Matters for Realtors

  • Re-Engage Your Pipeline: This is the perfect moment to call pre-approved buyers who were waiting for rates to dip.

  • Motivate Sellers: Use the current rate environment as a selling point—more qualified buyers are in the market.

  • Cash-Out Refis = Move-Up Buyers: Homeowners considering a cash-out refinance may now have more favorable terms, opening the door to upsizing or investing.

A Word of Caution

This is not a marathon—it’s more like a sprint. Markets can turn on a single economic report. We’ve seen it before: a strong inflation reading or unexpected Fed commentary could push rates back up in a matter of days.

If you’re in the market to buy, sell, or refinance, now is the time to act. Waiting for the “official” Fed announcement in September could mean missing this window entirely.

Bottom line:
Mortgage rates are at their best point of 2025 so far—and you don’t have to wait for September to benefit. For homebuyers, that could mean locking in a lower payment. For Realtors, it’s the ideal time to reconnect with clients who were previously priced out.

About Between Two Doors
Between Two Doors is a podcast where I talk with Realtors about their journey, aiming to connect home buyers and sellers with agents on a more personal level. I ask "right brain" questions that go beyond transactions, focusing on the experiences, values, and passions that make these professionals great at what they do.

Listen to more episodes at: https://www.betweentwodoors.com

Sponsored by:
Premier Lending, Inc.
https://www.natecarver.com

NMLS Numbers:
NMLS: 2004738
Licensed by the Department of Financial Protection and Innovation (DFPI). Equal Housing Opportunity.
https://www.nmlsconsumeraccess.com

Contact: 972-832-5761

Follow Us on Social Media:
Facebook | LinkedIn | Twitter | TikTok | YouTube

Location: McKinney, TX, USA

Comments

Post a Comment

Popular posts from this blog

Meet Ashley Hart: North Texas Real Estate Expert Redefining Real Estate and Resilience

Image
  Meet Ashley Hart: North Texas Real Estate Expert If you’re looking to buy or sell a home in Flower Mound, Texas, or the North Dallas Metroplex , you need to meet Ashley Hart . With a background in marketing and architecture, she has taken the real estate industry by storm, making a name for herself as one of the top 1% of agents in her market. From Marketing to Real Estate: Ashley’s Journey Ashley’s journey into real estate started while she was working as a marketing coordinator for her father’s architecture firm . At the same time, she and her husband were investing in properties. To save on agent commissions, her husband suggested she get her real estate license. Once she started taking classes, she realized real estate was a perfect combination of her skill sets —marketing, customer service, and business management. In March 2019, Ashley earned her real estate license and embarked on her new career. The first year was tough—Ashley had zero clients . But through perseverance,...
Read more

Between Two Doors: A Conversation with Tracey Goens – Heart, Homes, and Hope in Daphne, AL

Image
  In this episode of Between Two Doors , I had the pleasure of sitting down with Tracey Goens, a top-producing Realtor and lifelong Baldwin County resident who’s built her real estate career on heart, hustle, and an unwavering commitment to community. From the moment we started talking, it was clear that Tracey doesn’t just sell homes—she builds lasting relationships. With nearly 20 years in the industry and a place among the top 1% of Baldwin County Realtors, she blends expertise with a personal touch that turns transactions into lifelong friendships. A Local with Deep Roots and a Heart for Service Tracey’s real estate journey began in Daphne in 2005, and she’s never looked back. What drew her in wasn’t a love for houses—it was a love for people. She finds joy in learning about her clients’ lives, hearing their stories, and helping them through major life transitions with grace and empathy. Whether it’s a first-time homebuyer, a couple navigating a divorce, or a growing family,...
Read more

Housing Market Analysis Empowering Realtors, Homebuyers & Sellers with the Latest Insights: May 16th 2025

Image
  Housing Market Analysis Empowering Realtors, Homebuyers & Sellers with the Latest Insights: May 16th 2025 1. Mortgage Rates in a Rangebound Market Even with daily headlines about inflation, tariffs and fiscal policy, 30-year rates have hovered between high-6% and just under 7%: May 14, 2025 national average: 6.86% (30-year fixed) 15-year fixed average: 6.08% Rates have remained “rangebound” despite CPI prints and jobs data Fed’s pause on benchmark changes keeps markets in a “wait-and-see” mode What this means: Buyers know the range. Competitive pricing and rate-buy-down strategies can keep your clients in the “sweet spot” below 7%   . 2. Strong Purchase Demand Persists Contrary to many forecasts, mortgage demand continues to hold firm—even with higher rates: New listings have normalized as spring winds down Demand has stayed between 7.25%–6.64% all year Realtor tip: Share this narrative with prospects—rates aren’t chasing buyers away What thi...
Read more