Mortgage rates have drifted slightly lower for the fourth day in a row. Not a huge move, but it’s enough to get us back to the lowest rates we’ve seen since early July.

On the bond market side, the 10-year Treasury yield is sitting just below the 100-day moving average. No big headlines or wild economic data this week and just a lot of technical trading and market watching.

Here in Colorado, inventory is up in a big way. Some counties haven’t seen this much supply in over a decade, which means more selection and negotiating power for buyers, even though prices haven’t really budged yet.

Sellers are still holding out, and plenty of buyers are waiting for “perfect” rates that may not show up anytime soon. It’s a weird in-between market right now. Things feel steady, but it’s definitely not business as usual.

In Mesa County

There are currently 762 active homes on the market in Mesa County. This is a 1.5% increase compared to one week ago.

The average sold price YTD is $472,540 and the median sold price YTD is $406,000.

Mortgage Rates Today

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