Mortgage Rates Just Dropped – Biggest Decline in Over a Year!

Good news for Tennessee homebuyers! Mortgage rates just saw their sharpest drop in more than a year, falling to the lowest level since October 2024. If you’ve been waiting for a sign that it’s time to make your move, this could be it. 📉

What Caused the Drop?
A weaker-than-expected August jobs report sent signals across the financial markets, and in response, mortgage rates finally came down. For buyers, that means opportunity is opening up.

What This Means for You:
Compared to just a few months ago, buyers could save nearly $200 per month on a mortgage payment — that’s almost $2,400 a year in savings!

Why It Matters Now:
Mortgage rates have been stuck in the high 6% range for months, but now they’re shifting. While no one can guarantee how long this window will last, it’s giving Tennessee buyers more breathing room — and in some cases, making homes that felt out of reach more affordable again.

🏡 Whether you’re buying your first home in Nashville, upgrading in Knoxville, or finding a peaceful retreat in the Smoky Mountains, our team is here to guide you every step of the way.

This is the moment you’ve been waiting for. Let’s see what today’s rates could save you on your future home.

🌐 livingingatlinburgtn.com