Mortgage rates made headlines this week after briefly dipping below 6%, and if you’re a buyer or homeowner, you might be wondering what that really means for you. In this Friday market update, I break down what actually happened, why rates moved so quickly, and whether this changes anything in today’s real estate market.

We’ll talk about what this short-term rate dip means for homeowners considering a refinance, how buyers are responding, and why preparation still matters more than timing the market. No hype, no speculation, just clear, practical insight to help you make smarter real estate decisions.

If you’re thinking about buying, selling, or refinancing, this is a must-watch update to help you understand the current market and what to do next.

Timestamps :

0:00 – Rates dip below 6%
0:54 – Why rates dropped
1:36 – Short-term reaction
1:53 – Impact on homeowners
2:38 – Impact on buyers
3:21 – Long-term outlook
3:51 – What homeowners should do
4:03 – What buyers should do

#mortgagerates #housingmarketupdate #homebuyingadvice #RefinanceStrategy #realestatemarket

Alex Schult CA DRE License # 02236174 KW Spectrum Properties
📲 Text: 949-726-2601
📧 Email: aschult@kw.com

More Real Estate Insights:

Living in Irvine, CA: What You Need to Know Before Moving :
https://youtu.be/9AvsDiwHdYg

Friday Market Update - Where the Market is Headed in 2026 :
https://youtu.be/uJHh6fRYnog

DISCLAIMER:
This video content is intended for informational, educational, and entertainment purposes only. Neither Living in California nor Alex Schult is a registered financial advisor, attorney, or tax professional. While we have taken reasonable steps to ensure the accuracy of the information presented in this video, we cannot guarantee that it is free from errors or omissions. Any reliance you place on the information provided is strictly at your own risk. Additionally, your use of the Living in California YouTube channel and any communication through this platform, including but not limited to YouTube comments, emails, or messages, does not establish a formal business relationship with Alex Schult or Living in California. For specific advice related to your real estate, financial, or legal needs, we recommend consulting with a licensed professional in the relevant field.

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