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Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
3 Min Read | 📉 Buy Now or Wait? Mortgage Rate Tradeoffs + 🏡 What It Means for You + 🎉 Colorado Springs Happenings
Brandon Lecocq
August 15, 2025
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🔥 July Recap – Here’s What You Missed!
This short video is part of our monthly update series, created to keep you informed on the latest market trends, upcoming opportunities, and important news in real estate. July was filled with exciting updates, special opportunities, and valuable insights. In this quick recap, you’ll get the month’s highlights and see how they can still benefit you moving forward. Hit play and catch up now!
"Home ownership is the cornerstone of a strong community.” - Rick Renzi
Hey Everyone,
Welcome to this week’s edition of The Ridgeline Rundown!
In this week’s edition, we’re tackling one of the biggest questions in real estate right now: Is it better to buy now or wait for lower mortgage rates?
➡️ What’s behind the recent dip to 6.55%?
➡️ Will rates drop further—or hold steady in the mid-to-low 6% range through 2026?
➡️ How do today’s opportunities compare to waiting for the “perfect” rate?
Whether you’re buying, selling, or just keeping a pulse on the market—you’re in the right place.
Let’s make informed moves together.
As always, I’m here to provide honest advice, proven strategies, and a personal touch that makes the process smooth and successful. Have questions? Let’s talk through your options.
Table of Contents
Mortgage Minute
Mortgage rates hit their lowest levels since October 3rd, 2024, following a rally sparked by early-month jobs data. Rates have stayed steady since, with little volatility—until today’s inflation report pushed them slightly higher. The overall change remains minimal.
The Insider’s Guide to Real Estate | Tips
Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Mortgage rates are still a hot topic – and for good reason. After the most recent jobs report came out weaker than expected, the bond market reacted almost instantly. And, as a result, in early August mortgage rates dropped to their lowest point so far this year (6.55%).
While that may not sound like a big deal, pretty much every buyer has been waiting for rates to fall. And even a seemingly small drop like this reignites the hope we’re finally going to see rates trending down. But what’s realistic to expect?
Colorado Springs Social Scene
 Springs Utilities Launches new Energy Wise Rates this Fall |  Growth of Springs-Area Craft Beer Industry Flattens |  Barre & Brews Pop Up |
Military News and Updates
National Museum of WWII Aviation hosts groundbreaking ceremony for aeronautical pavilion expansion
Several were in attendance at the groundbreaking ceremony, including Mayor Yemi Mobolade, Colorado Congressman Jeff Crank, and members of the museum board of directors.
“It’s a continuation of the proud military history of the Pikes Peak Region,” said Congressman Crank (CO-05). “Simply put, this museum is in the perfect home, right here.”
Feel free to reach out with any real estate questions—I’m here to help, no matter the state!
Referrals are the biggest compliment, so send anyone my way. Until next time!
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