OfferPad
  • SELL TO US
  • BUY FROM US
  • ALL ABOUT US
Request Offer
Give us a call! 1-844-388-4539
« Blog Home

Market Update: Mortgage Rates at Their Lowest This Year

September 27, 2024 by Offerpad

Market Update: Mortgage Rates at Their Lowest This Year

Welcome to our monthly real estate insights, where we bring you the latest updates that matter to sellers and buyers – Let’s dive in!

Mortgage Rate Drop Spurs Buyer Interest

September brings great news for potential buyers: mortgage rates across the U.S. have hit their lowest point of the year. 

The 15-year fixed rate is now 6.20%  and the 30-year fixed rate has decreased to 5.27%—a drop of nearly 19% from last year. This significant drop in rates could be the perfect window of opportunity for those buyers who’ve been waiting on the sidelines.

With more buyers entering the market, this could help jumpstart movement in what has been a slower summer for home sales.

How Offerpad Can Help You Sell Fast

If you’re considering selling your home, this may be an ideal time to act. At Offerpad, we make it easy to sell your house fast, as-is with a cash offer without the hassle of showings or repairs. Whether you’re looking to sell your house online or list it traditionally, we’ve got you covered.

We’re here to help you easily sell your home fast with convenience and maximum exposure. 

Read more
Get A Free Local Move With Offerpad Cash Offer
Locations Where Offerpad Will Buy Your Home for Cash

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Posts

  • Introducing PriceLock from Offerpad
  • Preparing for a Smooth Home Inspection: Your Pre-Inspection Checklist with EasyList from Offerpad
  • How to Get Your Home List-Ready: A Home Walkthrough with EasyList from Offerpad
  • Offerpad’s Renovate B2B Services: Transforming Real Estate with Expertise and Efficiency
  • Sell Your Home Without a Realtor or Showings – Offerpad Makes It Easy

Top Posts

  • Home renovations that are actually worth it
  • Ways to make your home more eco-friendly
  • How much will it cost to sell my home?
  • Top 10 Instant Access homes for sale in Charlotte
  • Sell Your Home Without a Realtor or Showings - Offerpad Makes It Easy

Blog Search





REQUEST AN OFFER BROWSE OFFERPAD HOMES HOW IT WORKS PRICING REVIEWS PRESS INVESTOR RELATIONS FAQ

© Offerpad 2022




844-388-4539 info@offerpad.com
Privacy Policy Terms of Use
Eligibility and prices vary. Real estate brokerage services provided by Offerpad Brokerages. Terms and conditions apply. To learn more, speak to your Offerpad representative or visit www.offerpad.com/terms-of-use.

Offerpad Brokerages hold real estate brokerage licenses in multiple states. Click here for a list of our real estate brokerage licenses.

TREC Info: Information about Brokerage Services | Consumer Protection Notice
Offerpad Brokerage CA Inc.
Real Estate broker, California Department of Real Estate
California DRE #2087915