Big News Hit Today:

The August jobs report shocked economists, with only 22,000 new jobs added and unemployment rising to 4.3%. This signals a cooling economy—and it’s pushing the Federal Reserve toward a much-anticipated rate cut (markets now see a 100% chance at their next meeting).

Table of Contents

• Big News Hit Today:

• Here’s why this matters right now:

• Why Act Fast?

• What should you do next?

• P.S…. You’re Invited!

Here’s why this matters right now:

• Mortgage rates have already responded: The average 30-year fixed rate has dropped from 7.07% at the start of the year to just 6.29% today—the lowest levels in 2025 so far.

• Home affordability is improving: Home prices have dipped slightly (down 0.5% year-to-date), and average U.S. earnings are up 2.4%. That means, for the first time in a while, buyers have more power—your paycheck goes further.

• Opportunity window: Mortgage rates aren’t necessarily tied to the fed funds rate 1 for 1. Historically, there’s a short window before a Fed rate cut where mortgage rates can dip even further. But these low rates don’t last—once lenders adjust, rates often bounce back up. In fact, last time the Fed cut the fed funds rate (September of 2024), we actually saw the lowest mortgage rates the day before the Federal Reserve announced the cut. Mortgage rates only went up from there for a number of reasons. Receipts below.

Why Act Fast?

Waiting could mean missing the most affordable payments we’ve seen in a year. Whether you’re thinking of moving, refinancing, or just curious about what this could mean for you, taking action now could put you in the best position possible before the market shifts again.

If you’re trying to sell your home right now, this could be a slight relief to the buyer’s market we’re experiencing as more buyers possibly enter the market.

What should you do next?

Let’s have a quick call or conversation—no sales pressure, just clear, personalized answers about what this means for your specific goals. Reply to this email, text/call me, or click the button below to schedule a time to talk about your goals. The best outcomes always go to those who move first!

Here to serve,

P.S…. You’re Invited!

If you haven’t already seen, Becca and I have reserved some tickets to Jaker's Jack-O-Lanterns Pumpkin Patch to celebrate fall and share appreciation for our clients and friends this year!

If you would like to come, please click the link below to RSVP so we can set aside your tickets. Tickets are limited, so it's better to reserve now if you're not sure, and just let us know if your plans change. Hope to see you there!