Aaron’s Daily Text

Wednesday May 6, 2026

📉 Rates dipped again… and builders are slashing prices to move inventory.

New home prices dropped to a median of $387,400 — down 5.3% from last month and 6.2% YoY.  Builders are negotiating. 👀

Oddsmakers now put the highest probability on the Fed cutting rates before Sept. Bond market’s sniffing it out early.

BIGGER story nobody’s talking about YET:   Fannie/Freddie are finally allowing newer credit models that can count rent + utility payments. Huge win for first-time buyers who’ve been “credit invisible.” 🏡⚡️

That means more approvals. More buyers entering the market. More closings.

That also means buyers you wrote off last year may qualify now.

Think about your “almost” clients,  the ones who couldn’t quite get there on credit. Worth a second look. 👀

If you’ve got someone in that bucket, message “SCORE” and I’ll run a fresh scenario. Takes 10 mins. Could create a deal. 📲

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Nat’l Avg Rates (MND)

30YR: 6.54 | 15YR: 6.04

7/6 ARM: 6.25 | Jumbo: 6.63

FHA: 6.02 | VA: 6.04

No Income Inv: 6.79 | Bank Stmt: 6.79