Let's Talk Real Estate: A Quick Mid-Month Rate Check

Hey there, it’s Bryan.

If you are watching the housing market as closely as I am, you know that things are constantly shifting. I wanted to give you a quick update because we are finally seeing some early signals that mortgage rates could improve slightly—we might even see another 0.125% dip in the near future.

But remember what we talked about regarding the larger economic picture? Right now, two major factors are steering the ship: oil prices and the labor market. If oil prices begin to fall and this upcoming Friday’s jobs report points to a cooling labor market, we could see rates ease up a bit more.

Here is a snapshot of where the numbers currently stand, as seen in the national average data:

Loan Type	Current Rate	Daily Change
30 Yr. Fixed	6.77%	-0.05%
15 Yr. Fixed	6.30%	-0.02%
30 Yr. FHA	6.30%	-0.03%
30 Yr. Jumbo	6.90%	-0.02%
7/6 SOFR ARM	6.32%	-0.04%
30 Yr. VA	6.32%	-0.03%

(Updated: 8/4/2026 | Rates based on National Averages)

What This Means For Your Real Estate Strategy

My current advice to you? Cautiously float.

What does that mean in plain English? It means we don't need to panic and lock in a rate today. The current economic outlook suggests that rates are more likely to improve modestly than to spike significantly between now and the end of August.

We are going to monitor these economic indicators closely. We will let the market do its thing, and the moment the numbers align with your monthly payment goals, we strike.

If you want to run the math on a specific property or talk about how these minor rate shifts change your buying power, let's connect.

Ready to explore your real estate options? Let's talk.

Bryan Williams, REALTOR® Coldwell Banker Advantage

The Triad Advantage

License #: 360805

Phone: 336.268.5400

Email: bryanwilliams@cbadvantage.com