Video
June 13, 2025
Airs live on YouTube
June 13, 2025
The Market Is Softening. So Why Are Rates Stuck?
Market Update
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This week, Bill Gaylord talked with his business partner of 17 years, Sam Hansen, about what’s happening in the mortgage market and what we can expect heading into fall.
The biggest takeaway? Inflation came in lower than expected, which is great for interest rates. Jobless claims also rose, showing signs that the job market is slowing down. Many experts believe this will eventually push mortgage rates lower.
But the Federal Reserve isn’t reacting just yet. Sam believes the Fed is being overly cautious and risks waiting too long to bring rates down. If inflation continues to cool and the economy weakens, rates could fall below 6.5% in the near future.
There’s one thing that could delay that: tariffs. If tariff policies change quickly or unexpectedly, that could send rates back up. But for now, most indicators suggest a downward trend.
Sam’s advice to buyers? Don’t wait too long. If rates drop, more buyers will flood the market and drive prices up. Today’s environment still offers a window of opportunity with less competition and more negotiating power.
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