February 12, 2026
Mortgage Rates Are Getting a Little Lower: A Great Time to Buy a Home with Caviness & Cates
With lower mortgage rates and our best deals this year of rates as low as 2.99% or incentives up to $25,000 to use as you choose, it's a great time to buy a home! Good news for anyone thinking about buying a home: mortgage rates have dropped a bit recently, even after a strong jobs report showed lots of people finding work. A recent article from Homes.com explains that the average rate for a 30-year fixed mortgage is now around 6.09%, according to Freddie Mac data released on February 12, 2026. That's slightly down from the week before and much lower than the 6.87% it was a year ago.
Borrowing money to buy a house costs less each month than it did last year. Even though the economy is doing well with more jobs and steady wages, rates haven't gone up—they've eased a little. Experts say this helps make homes more affordable, and many predict rates will stay in the low-to-mid 6% range for much of 2026, without big drops expected soon.
This is welcome news because lower rates can save you hundreds of dollars every month on your house payment. Right now, with rates near three-year lows, more people are finding it easier to step into homeownership. Home prices aren't rising as fast as before, and there are more homes available, which gives buyers like you more choices and better bargaining power.
Why act now? Waiting for rates to fall even more might not pay off—rates could stay steady or even tick up if the economy keeps growing strongly. Experts note that better affordability from these lower rates is already encouraging more buyers to enter the market, especially as spring approaches. If you're ready, this news plus our builder incentives up to $25,000 could be one of the best times in recent years to buy.
At Caviness & Cates, we're excited to help make this easier for families moving in North Carolina. For any of our homes that close by March 31st, we're offering special deals: rates as low as 2.99% or up to $25,000 in flexible money you can use however it helps you most. This could lower your monthly payments, cover closing costs (the fees at settlement), reduce the home's price, or let you add nice upgrades like better finishes or features you love.
Picture moving into a new home tailored just for you, with monthly payments that fit your budget better—all thanks to these market conditions and our limited-time offer.
It's a smart moment to make your move. Don't miss out on lower rates and these extra savings. Reach out to us today to check out our communities in Fayetteville and see how we can help you find the perfect home. As the Homes.com article shows, even small improvements in rates can open the door to homeownership for more people—let's make it happen for you! Give Jessica & Maggie a call or text at 910-240-4422 or email at info@cavinessandcates.com
