Happy Friday — I’m Clay, and this is your Mortgage Minute.

Mortgage rates stayed relatively stable again this week, hovering in that 6.2% to 6.5% range, so we’re still in a holding pattern.

Metric	Current Rate/Yield	Trend
30-Year Fixed Mortgage	6.30%	Downward: Hit a four-week low, falling from 6.37% last week.
10-Year Treasury Yield	4.32%	Slight Rise: Up from 4.29% as markets react to geopolitical headlines.
Mortgage Spread	1.98%	Narrowing: Compression continues as mortgage rates drop faster than yields.

But here’s what’s really driving this market right now…

Buyer demand is softer than normal for this time of year.
Mortgage applications are down, and that means fewer people are stepping in and making offers.

At the same time, inventory across South Florida continues to build —
homes are sitting longer, and sellers are starting to adjust.

👉 So what does that create?

A window of opportunity for buyers.

We’re seeing more seller concessions, and those concessions can be used to buy down your interest rate, reduce your payment, or offset closing costs.

That’s real money — and it’s happening right now.

So while rates haven’t dropped…
The structure of the deal has improved.

If you want to understand how to take advantage of that, visit MortgageSimplified.net.

Have a great weekend.”**

Author Attribution

Clay Edmonds is the Corporate Educator and Senior Loan Officer at Complete Mortgage LLC in Hollywood, Florida, and the founder of MortgageSimplified.net. With over four decades of experience in real estate finance, Clay focuses on simplifying the mortgage process and helping borrowers and real estate professionals make smarter financing decisions.