Newly released The national 30-year fixed rate averaged 6.67% on August 13, down only slightly from 6.69% the previous week. The 15-year rate declined from 6.01% to 5.96%. Freddie Mac Mortgage applications increased 3.6% for the week, suggesting buyers responded even to the modest easing. Refinancing applications rose 5%. Mortgage Bankers Association Nationally, 63% of builders offered sales incentives in July, while 37% reduced prices. The average builder price reduction was

While you can search for homes online, a qualified professional provides market insights, coordinates critical inspections, ensures a smoother closing process, and much more. Agents add critical value across the entire transaction, whether you are buying or selling: 1. Contract & Legal Protection Real estate transactions involve legally binding documents. An agent uses standardized industry contracts and understands how to draft clauses—such as inspection or appraisal contin