10/19/2026
MONDAY MARKET MINUTE
30-year fixed: 7.46% this morning, per Bankrate (rates as of Oct 19, 2026)
Most of my buyers put 3.5 to 5% down, so here's the real math.
On my Monroe listing at $450,000: about $3,024 a month in principal and interest with 3.5% down — plus mortgage insurance on top. Call it $3,220 a month before taxes and homeowners insurance.
Here's what the numbers actually say.
Text me your numbers, I'll tell you straight.
980-400-6261