With rates now at 7%, borrowers may feel déjà vu, as fall mortgage hikes have become a seasonal trend for the third year running.

Market shifts like rising 10-year Treasury yields, a strong labor market, and election-year uncertainties are pushing rates upward, affecting affordability for buyers.

The Federal Reserve's upcoming November rate meeting may ease pressure, but the journey to lower rates remains gradual.

Buyers should consider shopping around for competitive offers and trust their lender on the best time to lock in, especially with potential increases on the horizon.

In Mesa County

There are currently 642 active homes on the market in Mesa County. This is a 3% DECREASE compared to a week ago.

The average sold price YTD is $453,954 and the median sold price YTD is $400,000.

Mortgage Rates Today

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