The Market Is Waking Up | Mortgage Minute - February 20, 2026 скачать в хорошем качестве

The Market Is Waking Up | Mortgage Minute - February 20, 2026

Mortgage Minute - February 20, 2026 Mortgage rates are holding just above 6% for prime conventional borrowers, with FHA and VA rates still in the mid 5% range. More importantly, rates have remained below 6.5% for several months. That consistency matters. When rates are volatile, buyers hesitate. When rates stabilize, buyers begin to move. We are starting to see early signs of that in preapproval activity. Affordability has improved compared to last year. A modest drop in rates meaningfully lowers monthly payments and increases buying power. For many clients who were comfortable with payments last year but chose to wait, today’s rate environment may allow them to afford more home than they realize. That shift changes conversations. Industry economists have noted that even a 1% drop in mortgage rates can bring a significant number of buyers back into the market from an affordability standpoint. Even if only a portion of those buyers step in, demand strengthens. At the same time, seller concessions are still available in many markets. Buyers today may be able to secure incentives that become more difficult to negotiate if competition increases. The bigger risk right now may not be rates moving higher. It may be waiting while confidence returns and more buyers re-enter the market. For agents, this is a strategic moment. Clients who pressed pause may now qualify for more than they think. Re-engaging those conversations could turn stalled prospects into active transactions. This is not about reacting to headlines. It is about recognizing improving affordability, steady rates, and early demand before competition accelerates. Position your clients early. Help them understand what has changed. Momentum is forming, and preparation will matter. As always, feel free to reach out to Bill Gaylord directly to get your buyers pre-approved and educated so they can make the right decision for them. You can also send them to his calendar link where he will go through a free CIA (Credit, Income, Asset) Analysis so they know exactly where they stand now and what they need to do to get into a home! ••• Bill Gaylord, NMLS 680603 | Gaylord-Hansen Team at CrossCountry Mortgage | 702-757-8131 | https://www.billgaylord.com Rate Source: Mortgage News Daily (https://www.mortgagenewsdaily.com) The information contained is the viewpoint of the presenter(s). Individuals should consult their own financial representative. Las Vegas Real Estate Pitch is sponsored by the Gaylord-Hansen Team at CrossCountry Mortgage and Creative Collective Media. Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details. All borrowers must meet minimum credit score, loan-to-value, debt-to-income, and other requirements to qualify for any mortgage program. CrossCountry Mortgage, LLC. NMLS3029 NMLS1628467 (https://www.nmlsconsumeraccess.org). 7885 W Sunset Road, Suite 140, Las Vegas, NV 89113. NV Mortgage Company License 3259. Supplemental Mortgage Servicer License No. 4352.