Mortgage rates have been trending down in recent weeks, with the average 30-year fixed sitting near 6.6%, its lowest range since last fall.

The drop has sparked a slight boost in purchase applications and a bigger jump in refinancing, though many buyers are still cautious due to economic uncertainty, a cooling job market, and lingering inflation concerns.

Inventory levels are improving, which is helping some buyers, but pending home sales remain soft in several regions. Economists at the MBA and Fannie Mae expect lower rates next year, possibly near 6%, which could push home sales higher after this year’s sluggish pace.

In Mesa County

There are currently 780 active homes on the market in Mesa County. This is a slight increase compared to one week ago.

The average sold price YTD is $472,036. 

The median sold price YTD is $409,037.

Mortgage Rates Today

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