Navy Fellas Realty Group

Real Estate, Residential sales and purchase

What’s Ahead For Mortgage Rates This Week – September 22nd, 2025

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It has been a relatively light week following the recent rate changes, as the Federal Reserve has felt the need to drop the current rate by 25 basis points. They have also mentioned the possibility of two additional rate cuts within this year. This follows the recent sharp criticism from the current administration, which condemned the Federal Reserve’s insistence on maintaining existing interest rates.

This development coincides with the Leading Economic Indicators, which have shown that the U.S. economy remains in decline, a trend that began in August. With further rate cuts on the horizon, the broader market reaction has been a positive one.

Consumer Price Index
The Federal Reserve cut its benchmark interest rate by 25 basis points today, the first rate move since last year, as it penciled in two more reductions for this year.

Leading Economic Indicators
US declined by 0.5% in August 2025 to 98.4 (2016=100), after a small 0.1% increase in July (upwardly revised from an originally reported 0.1% decline). The LEI fell by 2.8% over the six months between February and August 2025, a faster rate of decline than its 0.9% contraction over the previous six-month period (August 2024 to February 2025).

Primary Mortgage Market Survey Index
• 15-Yr FRM rates saw a decrease of -0.09% for this week, with the current rate at 5.41%
• 30-Yr FRM rates saw a decrease of -0.09% for this week, with the current rate at 6.26%

MND Rate Index
• 30-Yr FHA rates saw an increase of 0.03% for this week. Current rates at 6.03%
• 30-Yr VA rates saw an increase of 0.04% for this week. Current rates at 6.05%

Jobless Claims
Initial Claims were reported to be 231,000 compared to the expected claims of 240,000. The prior week landed at 264,000.

What’s Ahead
U.S. Employment data is set to land next week, with the S&P Final Manufacturing PMI estimates to round up before the end of the year. 

Choosing Between a Condo, Townhouse, or Single-Family Home

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Deciding what type of home to buy is one of the most important steps in the home buying process. Condos, townhouses, and single-family homes each offer unique benefits and considerations, and the right choice depends on your lifestyle, budget, and long-term goals. Understanding the differences can help you make a confident decision.

Condo Living and Convenience

Condos often appeal to buyers looking for convenience and low maintenance. Exterior upkeep, landscaping, and many shared amenities are handled by the homeowner’s association, allowing owners to focus on their daily lives. Condos are typically located near city centers, offering easy access to shopping, dining, and entertainment, making them ideal for those who value location and lifestyle over space.

Townhouse Options for Balance

Townhouses provide a middle ground between condos and single-family homes. Owners often have multiple floors, private entrances, and small yards, while still benefiting from some shared maintenance responsibilities. Townhouses can offer more space and privacy than condos, while remaining more affordable than many single-family homes, making them a great choice for growing families or buyers seeking a balance between convenience and independence.

Single-Family Homes and Privacy

Single-family homes provide the most independence and space. Owners have full control over the property, including the yard, exterior, and modifications. These homes are often larger, offer more privacy, and can be ideal for families who need extra bedrooms, outdoor space, or long-term investment potential. While maintenance and upkeep are entirely the owner’s responsibility, the freedom and flexibility often outweigh the added responsibilities.

Considering Long Term Goals

When choosing between a condo, townhouse, or single-family home, it is important to think about your long-term plans. Consider your budget, desired lifestyle, family needs, and how long you plan to stay in the home. Working with a knowledgeable real estate agent can help you evaluate options, weigh pros and cons, and find a property that fits your current needs while supporting future growth.

Choosing the right type of home sets the stage for comfort, convenience, and long-term satisfaction. By understanding the differences and considering your lifestyle, you can make a choice that fits both your present and your future goals.

What to Expect from a Final Walkthrough Before Closing

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The final walkthrough is one of the last steps before closing on your new home. It may feel like a formality, but it serves an important purpose. This is your chance to confirm that everything is in the condition you agreed to and that the home is truly ready for you to move in. Knowing what to expect can help you approach this step with confidence.

Confirming Repairs Were Completed

If the seller agreed to make repairs after the inspection, the walkthrough allows you to verify that the work was done properly. Bring a copy of the repair agreement so you can double-check each item on the list.

Testing Major Systems and Appliances

During the walkthrough, it is important to make sure that heating, cooling, plumbing, and electrical systems are all functioning. Test major appliances like the stove, dishwasher, and washer if they are included in the sale. This helps you avoid unexpected surprises after closing.

Looking for New Issues

Sometimes homes sit vacant between the inspection and closing. Use the walkthrough to look for any new problems, such as leaks, damage, or missing items. Even if everything was fine at inspection, this final check gives you peace of mind.

Verifying the Home Is Move-In Ready

The walkthrough is also your opportunity to confirm that the home is clean, free of belongings from the seller, and ready for your move. Small details like keys, garage openers, and access codes should also be accounted for before closing day.

The final walkthrough ensures that the home you are buying matches the agreement you made. It is an important step in protecting your investment and starting your new chapter with confidence and peace of mind.

Making a Winning Offer Without Overpaying

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In today’s competitive real estate market, making a strong offer on a home can feel like walking a fine line. You want to stand out from other buyers, but you also want to avoid overpaying and stretching your budget too far. With the right strategies and guidance, it is possible to write an offer that is both competitive and smart.

Getting Pre-Approved Early

One of the strongest ways to show sellers you are serious is to have a pre-approval letter from your lender. This document demonstrates that your financing is secure and gives the seller confidence in your ability to close. It also helps you understand exactly what you can afford so you are less tempted to overbid.

Knowing the Market Value

Before making an offer, it is important to look closely at comparable sales in the area. Understanding what similar homes have sold for gives you a realistic sense of value. With this knowledge, you can make an offer that is competitive while staying grounded in facts, not emotions.

Strengthening Terms Beyond Price

An offer is more than just a number. Sellers often look at the entire package, including contingencies, closing timeline, and flexibility. By working with your agent to strengthen areas such as inspection terms or move out dates, you can make your offer more appealing without necessarily increasing the price.

Staying Within Your Comfort Zone

Buying a home should be an exciting milestone, not a financial burden. It is important to set a clear budget and stick to it. While competition may tempt you to stretch beyond your comfort zone, protecting your financial health ensures you enjoy your new home without unnecessary stress.

Making a winning offer without overpaying comes down to preparation, knowledge, and strategy. By working with a trusted agent, you can position yourself as a serious buyer, craft an attractive offer, and still protect your financial future.

Coping with the Stress of Selling Your Home

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Selling a home can be an exciting step toward new beginnings, but it often comes with a level of stress that catches many homeowners off guard. Between preparing for showings, managing offers, and planning a move, the process can feel overwhelming. As your real estate partner, I want to share strategies that can help reduce stress and keep the experience as smooth as possible.

Creating a Showing Routine

Sellers often find it stressful to keep their home constantly ready for buyers.  Setting up a simple routine makes this easier. A quick checklist for tidying up, storing personal items, and making the space inviting can take the pressure off last minute showings.

Managing Multiple Offers with Confidence

When offers start coming in, excitement can quickly turn to stress as you sort through the details. Each offer has more to consider than just price, such as contingencies, timelines, and financing terms. Leaning on a trusted real estate agent to explain your options can help you make confident choices that align with your goals.

Organizing the Moving Process Early

Moving adds another layer of pressure, but planning makes a big difference. Start by decluttering, packing nonessentials, and arranging movers or storage early in the process. This reduces the last-minute scrambling and gives you more time to focus on the sale itself.

Taking Care of Yourself

Selling a home can feel like a full-time job, which is why it is important to take breaks, lean on your support system, and allow your agent to handle as many details as possible. Protecting your peace of mind is just as important as preparing your home for the next owner.

While selling can feel stressful, the right strategies and support can turn it into an organized and rewarding experience. By planning, staying flexible, and working closely with your agent, you can reduce the pressure and focus on the exciting opportunities that come with moving forward.

What’s Ahead For Mortgage Rates This Week – September 15th, 2025

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Both the CPI and PPI came in precisely within expectations. Under the current circumstances, there is now a very high probability that the Federal Reserve will implement a quarter-point rate cut, a view widely shared by industry analysts. There is also a strong possibility of another cut to follow.

Meanwhile, Consumer Sentiment has hit another low in the last 4 months, as many have growing concerns about the state of the job market in addition to inflation continuing to grow. It is unknown how much the rate cuts will impact inflation, but so far the Federal Reserve has managed to maintain a delicate balance.

Consumer Price Index
The cost of living rose again in August at an accelerated pace, but probably not enough to discourage the Federal Reserve from reducing interest rates next week. The latest consumer price index (the main measure of U.S. inflation) could raise questions about how aggressively the Fed cuts rates, however, in the upcoming months. The consumer price index rose 0.4% last month, the government said Thursday. That was one tick above the Wall Street forecast.

Producer Price Index
The producer price index (PPI) dipped 0.1 percent on a month-on-month basis, according to Department of Labor data — when analysts had expected a 0.3-percent increase.

Consumer Sentiment
The University of Michigan’s gauge of consumer sentiment fell to a reading of 55.4 in September, a four-month low. The worsening of sentiment was particularly strong among lower and middle-income respondents.

Primary Mortgage Market Survey Index
• 15-Yr FRM rates saw a decrease of -0.10% for this week, with the current rate at 5.50%
• 30-Yr FRM rates saw a decrease of -0.15%, with the current rate at 6.35%

MND Rate Index
• 30-Yr FHA rates saw an increase of 0.05% for this week. Current rates at 6.00%
• 30-Yr VA rates saw an increase of 0.04% for this week. Current rates at 6.01%

Jobless Claims
Initial Claims were reported to be 263,000 compared to the expected claims of 236,000. The prior week landed at 237,000.

What’s Ahead
The FOMC Rate Decision will be ahead next week, as well as the usual employment data.