Big news from the Fed this week — and it’s the kind of update homeowners and buyers have been waiting for! Recent comments suggest we could see interest rates drop by 0.75% to 1% before the end of the year. If you’ve been thinking about refinancing your current mortgage or getting back into the homebuying game, now is the time to get your financial ducks in a row.

At The Town Group powered by United American Mortgage, we’re keeping a close eye on these shifts and how they can benefit you. Whether it’s locking in a lower rate to save on your monthly mortgage or boosting your buying power with an updated pre-approval, we’re here to make sure you’re ready when the market moves.

🏡 Why This Matters

A 1% drop in rates can translate to hundreds of dollars saved each month — or thousands over the life of your loan. Refinancing when rates are low can help you:

• Lower your monthly payment
• Pay off your loan faster
• Tap into home equity for renovations or debt consolidation
• Remove mortgage insurance if you’ve built enough equity

And for buyers? Lower rates can increase your purchasing power and help you compete stronger in a still-competitive market.

📁 What You Can Do Right Now:

• ✅ Gather your income documentation (W-2s, pay stubs, tax returns)
• ✅ Check your credit score and clean up any issues
• ✅ Update your financial statements and asset info
• ✅ If you’re buying, let’s refresh your pre-approval to reflect updated rates and property goals
• ✅ If you’re refinancing, let’s review your current mortgage to explore options

👋 Let’s Talk!

Every situation is unique, and that’s why our team — Michele Town, Melissa Town, and Lacey Jo — is here to guide you through your options. Whether you’re looking to refi or ready to buy, now’s the perfect time to prepare so you’re first in line when rates dip.

Don’t wait until the rush. Reach out today and let’s put a plan together!

📞 Call us | 📧 Email us | 💬 DM us — however you prefer, we’re here for you.