Lang Realty works with Supreme Lending to provide an array of powerful mortgage lending services and home loan options to South Florida home buyers. With a streamlined process, our team of experienced loan officers is committed to providing an unmatched experience while educating homebuyers on credit, loan options and processes. Here’s a mortgage calculator and other details: Lang Realty’s Mortgage Services
Six Questions for Lang Realty Mortgage SUPREME LENDING TEAM’S SONDRA DANE AND SEAN DONAHUE
Q. The big financial news is rates trended down, the new average of 6.58% for a 30-year fixed mortgage, a new low since October 2024. Where did the rates peak and for how long did they stay there?
A: The 30-year fixed rates plateaued in 2023 at over 7%. They remained there or close to there in 2023 and 2024. The slow downward but not straight down trend started in 2025.
Q: How long do you think this will last? Could rates drop even lower?
A: With the current market environment, we’re seeing signs of a downward trend in interest rates. Mortgage rates are closely tied to the 10-Year Treasury Note—not directly to the Fed rate. So even when the Fed lowers rates, it’s the reaction of the 10-Year Note that truly impacts mortgage pricing. At Supreme Lending, we’re confident that interest rates will be in the low 6% range by mid-2026. That’s why we offer our buyers a “No Supreme Cost” Refinance—so when rates drop, you can take advantage without paying lender fees. It’s a smart way to buy now, with peace of mind for the future.
Q: How do you see this stimulating residential real estate sales in Palm Beach County and Port St. Lucie? Do you see sellers who took their property off the market changing their mind now?
A: Research on the housing market indicates that for every 1% drop-in mortgage rates, approximately 5 million additional households could qualify for homeownership. While there’s not a precise measure for every quarter-percentage point change, you can infer that a 0.25% drop would likely lead to a substantial increase in the number of potential homebuyers.
Homebuyers who would enter the market. In addition, current homebuyers could afford more and find the home they want quicker. With the increase in buyers and buying power, sellers would see more activity and that news would spread and entice sellers to put their property back on the market and encourage new sellers to enter the market.
Q: Is this a good time for buyers to step in and why?
A: It’s always a great time to buy—if the payment fits your budget!
- Appreciation: Historically, home values tend to appreciate over time, meaning they increase in worth. While short-term fluctuations can occur, real estate has shown a long track record of gaining value. The Federal Housing Finance Agency (FHFA) data indicates an average annual home price increase of 4.3% since 1991.
- Building Equity: Every mortgage payment you make contributes to building equity in your home – the portion of the home’s value you own outright. As you pay down your mortgage, your equity grows, which represents a tangible increase in your wealth.
- For U.S. households that own their primary residence, home equity accounted for a median of 45% of their net worth in 2021.
- At Supreme Lending, we’re here to help make that happen. Our Supreme Essentials program is a free online course focused on budgeting and credit education. As an added bonus, buyers who complete the course receive a $1,000 credit toward closing costs.
- In addition, with a full pre-approval, our buyers gain a clear understanding of their total monthly payment and cash-to-close, providing peace of mind about affordability and timing.
- Let us help you take the next confident step toward homeownership!
Q. Will this rate reduction also apply to VA and FHA mortgages and how? Are those rates set or variable depending on private and commercial lenders like banks?
A: YES, any downward trend in mortgage rates will have the same effect on VA and FHA interest rates. They are directly influenced by the Bond Market and the 10-Year Treasury Yield. For buyers in Florida, the Florida Bond Program sets standardized interest rates for all approved lenders participating in Bond and Hometown Heroes programs. These programs offer major benefits, including:
- No points
- Zero doc stamp and intangible tax
- Up to 5% in down payment/closing cost assistance, capped at $35,000
These features make homeownership more affordable and accessible for qualified buyers.
Q: What else should potential buyers know about this rate reduction? Is there anything else you want to say?
Make sure you’re ready and pre-approved with Supreme Lending! We will give you a clear financial picture as it relates to the new home and your family budget.
#STARTWITHSUPREME and take advantage of our Supreme Essentials program — a free online course that not only boosts your financial readiness but also earns you a $1,000 credit toward closing costs.
We offer loan programs tailored to fit every buyer’s unique financial situation, helping you move forward with confidence
Programs such as:
- Conventional Loans – Great for buyers with solid credit and savings
- FHA Loans – Flexible options for first-time and lower-credit buyers
- VA Loans – Zero down payment for eligible veterans and active-duty service members
- USDA Loans – 100% financing for qualified rural areas
- Florida Bond & Hometown Heroes – Down payment assistance up to $35,000 with no doc stamps or intangible tax
- Jumbo Loans – For higher-priced properties
- Self-Employed & Bank Statement Programs – For entrepreneurs and gig workers
- No Supreme Cost Refinance – When rates drop, refinance with no lender fees
No matter your situation, we have a solution tailored to fit your needs! We back it up with a close on time guarantee. If we don’t close on time, we will refund up to 5k of your escrow deposit. This gives buyers peace of mind and strengthens their offer to sellers.
