Rates Dip, Fed Hints at Cuts, and Existing Home Sales Rebound

Today’s outlook brings renewed optimism: mortgage rates improved, Fed signals potential rate cuts, and existing home sales ticked higher—clear signs of momentum for housing markets.


Mortgage Rates Decrease Slightly

Read the full story → Mortgage News Daily

Rates on 30-year fixed loans dropped modestly, now averaging around 6.80%, as bond yields eased following positive Federal Reserve commentary.

Loan Officer Insight:
Even small decreases can influence affordability. Reach out to both active buyers and refi prospects with updated rate analyses and options.

Realtor Insight:
Share this news to reengage your buyer leads—lower rates can reignite interest and unlock greater purchasing power.


Fed Indicates Interest Rate Cuts Could Come Soon

Read the full story → The New York Times

New coverage highlights that several Fed officials now anticipate one or more rate cuts this year, as inflation retreats and economic momentum moderates.

Loan Officer Insight:
Position this as a signal to plan forward—consider targeted rate-lock strategies and client-friendly forecasts for cut timing.

Realtor Insight:
This potential easing builds confidence. Use it in your messaging to motivate both buyers and sellers toward action.


Existing Home Sales Rise Slightly

Read the full story → Scotsman Guide

After several months of decline, existing-home sales in May posted a modest increase—signaling renewed buyer activity and improved market balance.

Loan Officer Insight:
A rebound in sales suggests renewed demand—update clients on portfolio readiness and expedite pre-approval workflows.

Realtor Insight:
Use this uptick as momentum for listings. It supports the case for current property evaluations and timely pricing.


Loan Officer’s Perspective

  • Leverage slightly lower rates and Fed optimism to re-engage clients actively.
  • Prep homeowners and buyers for anticipated rate cuts with strategic planning.
  • Capitalize on rising home sales by optimizing pre-approval and financing offerings.

For additional resources and strategies to support your referral partners and clients effectively, visit DailySuccessPlan.com.


Realtor’s Perspective

  • Share rate news to recommit buyers in your pipeline.
  • Reinforce buyer confidence with credible Fed-driven rate outlooks.
  • Use improving sales data to reinforce your market expertise and support listing strategies.

📩 Ready-to-Send Emails

Loan Officer Email (for Realtor Partners)

Subject: Rate News & Sales Rebound—Great to Share with Buyers

Hi [First Name],

Here are three timely updates for your buyers and team:

Mortgage rates dipped to around 6.80%—great news for affordability.
Fed now expects rate cuts later this year, boosting confidence.
Existing home sales rebounded in May, showing returning buyer demand.

Let me know if you’d like a co-branded version to send or tools to support your client outreach.

Best,
[Your Name]
[Your Contact Info]


Realtor Email (for Clients / Sphere)

Subject: Good News: Lower Rates, Rate Cuts & More Home Sales

Hi [First Name],

Here’s a quick update on today’s housing trends:

Mortgage rates dropped slightly, improving affordability.
Fed signals rate cuts coming, which can help with purchasing power.
Existing-home sales are rising, indicating a healthier market.

If you’re thinking about your next move—buying, selling, or refinancing—I’d be happy to help explore your options.

Warmly,
[Your Name]
[Your Contact Info]


Frank Garay is a nationally recognized mortgage industry leader, co-founder of The National Real Estate Post and the Loan Officer Breakfast Club. Named to the Inman 100 list of the most influential in real estate and featured on Fox News, Frank now shares timely mortgage and real estate insights through LOBC In The News to help industry professionals stay ahead.