If you’ve been watching the housing market in St. Petersburg, Pinellas County, or anywhere in the Tampa Bay area, you’ve probably noticed one big question on everyone’s mind: What’s happening with mortgage rates? The good news? Rates have come down from the peaks we saw in 2023–2025 and are now hovering in the low-to-mid 6% […]
Tag Archives: Current mortgage rates
Understanding Mortgage Interest Rates Over the Past 30 Years
Mortgage interest rates have always been a crucial factor for homebuyers, influencing their purchasing power and the overall cost of homeownership. Over the past three decades, these rates have seen significant fluctuations, reflecting broader economic trends and policy changes. Today, as we see rates around 6.9% for a 30-year fixed mortgage, it’s helpful to put […]