Mortgage Rates Aren’t Backing Down Yet | www.ProtecTheEstateLA.com

Mortgage rates continue to defy expectations, holding near 7% as we approach year-end. For families and individuals navigating significant life transitions—especially those managing probate or trust sales—this persistent rate environment adds another layer of complexity to already sensitive decisions. With inflation remaining stubbornly high, and the possibility of a further Fed rate hike on the horizon, borrowing costs could edge even higher. The spread in mortgage-backed securities is also creating additional upward pressure. Meaningful rate relief isn’t likely without a sustained improvement in inflation, steadier long-term yields, and more supportive signals from the Fed. For now, it’s wise to treat current mortgage rates as the baseline for any planning—whether you’re preparing to sell, considering an investment, or exploring refinancing. Any future drop in rates should be seen as a bonus, not a guarantee. I always aim to guide families and fiduciaries through these shifting conditions with clarity and experience, so you can make decisions with confidence, no matter what the market brings.