💸 Why Do Interest Rates Change… and Why Should You Care?

Ever wonder why interest rates keep changing and how that affects your home search (or sale)? 🤔 Let’s break it down in simple terms—with a little help from recent headlines.

🌍 What Makes Interest Rates Go Up or Down?

Interest rates aren’t just picked out of a hat. 🎩✨ They react to how the economy is doing. Some of the key players are:

• 📉 Unemployment rate – If unemployment is high, the government may lower interest rates to get people spending and companies hiring.

• 📈 Inflation – If prices are rising too fast (hi, grocery bill! 🥵), the Fed might raise interest rates to cool things off.

• 📊 The 10-Year Treasury Note – This is like a crystal ball for where rates are headed. If it goes up, mortgage rates usually follow.

• 💼 Tariffs & global events – Extra fees on imports (aka tariffs) or global conflicts can push prices up and shake things around, causing the Fed to react.

🏡 Real Estate + Interest Rates = A Whole Vibe Shift

A few years ago? Homes were flying off the market like concert tickets. 🎟️

But now, because of higher interest rates:

• Homes are sitting on the market longer 🕰️

• More inventory is popping up 📦

• Buyers can breathe a little easier (hello, choices!) 😌

This means we’ve moved from a seller’s market to something closer to a balanced—or even buyer-friendly—market.

💡 Selling Soon? Don’t Get Greedy with Pricing

If you're selling your home, this part is for you 👇

We know it’s tempting to shoot for the stars 🚀, but overpricing in this market can backfire. Homes that sit too long often need a price cut (and that can look worse to buyers).

🎯 Pro Tip: Talk to your realtor about pricing smart from day one. A well-priced home gets more eyeballs, more interest, and better offers.

🧠 Final Thoughts

Interest rates aren’t just boring finance news—they shape the whole housing experience 🏠Whether you’re buying or selling, staying informed (and realistic) will help you navigate the market with confidence.

Got questions? Talk to your favorite realtors (👋 hi!) at My Nest San Antonio and let’s plan the best strategy for your goals.

#mynestsateam #debbiehaus #sandragonzalezrealtor #sanantoniorealestate #interestrates #realtorife