Did Interest Rates Go Down Today? Here’s What Gulf Coast Buyers Should Know

By Meredith Amon, Licensed in Alabama and Florida

As a Gulf Coast real estate advisor, one of the most common questions I hear is, “Did interest rates go down today?” I check the markets daily, because small movements can impact both buyers and sellers in Orange Beach, Gulf Shores, and on Ono Island.

Today, rates actually held steady to slightly higher. National averages for a 30-year fixed mortgage are hovering in the mid-6% range. While that may feel elevated compared to the ultra-low rates of a few years ago, it’s important to remember that the Gulf Coast market continues to see healthy activity.

What This Means for Buyers

For buyers, even a fraction of a percent in rate change can affect affordability. On a $1M waterfront home, a .25% swing can change monthly payments by several hundred dollars. That’s why I encourage my buyers to shop lenders, consider rate-buydowns, and keep an eye on upcoming Fed announcements.

A neighbor recently told me, “We locked when rates were flat for a few weeks, and it made all the difference in being able to purchase our Ono Island home.” Timing matters, but so does strategy.

What This Means for Sellers

Sellers often ask if higher rates slow demand. The truth is, in lifestyle-driven markets like ours, people buy for the Gulf Coast experience—boating, fishing, and sunsets over Bayou St. John—not just the interest rate. That said, pricing correctly and presenting a home beautifully makes all the difference when rates fluctuate.

My Take

I’ve seen many cycles in over two decades of selling real estate. What I’ve learned is that the best opportunities often come when the market feels uncertain. Serious buyers are still out there, and sellers who position their homes properly can stand out.

If you’re thinking about buying or selling, I’d love to walk you through how today’s rates fit into your real estate goals. Start your search at the Gulf Coast’s premier website: www.searchthegulf.com.

Bedrooms

Bathrooms

Price Range

Save Search

Sort by:

Price, high to low

$760,000

↓ $60,000

26200 Perdido Beach Boulevard Unit 204, Orange Beach

2 Beds 3 Baths 1,491 SqFt Residential MLS® # 375174

RE/MAX of Orange Beach PHONE: 251-942-5985

$759,999

↓ $14,001

4184 Craigend Loop, Gulf Shores

4 Beds 4 Baths 2,516 SqFt Residential MLS® # 385298

The Market Real Estate Co LLC

$759,900

24900 Perdido Beach Boulevard Unit 1006, Orange Beach

3 Beds 2 Baths 1,266 SqFt Residential MLS® # 374670

RE/MAX Paradise

$759,000

28783 Perdido Beach Boulevard Unit 111-n, Orange Beach

3 Beds 2 Baths 1,242 SqFt Residential MLS® # 384347

RE/MAX of Gulf Shores

$759,000

601 Magnolia Circle, Gulf Shores

4 Beds 4 Baths 2,625 SqFt Residential MLS® # 386235

Signature Properties

$759,000

↓ $15,000

6065 Sawgrass Drive, Gulf Shores

4 Beds 3 Baths 1,837 SqFt Residential MLS® # 374490

RE/MAX of Orange Beach PHONE: 251-424-4123

$759,000

1796 W Beach Boulevard Unit L, Gulf Shores

2 Beds 3 Baths 1,200 SqFt Residential MLS® # 375056

Wheeles Realty

$757,400

↑ $7,500

735 Bear Creek Cove, Gulf Shores

4 Beds 3 Baths 2,594 SqFt Residential MLS® # 378544

RE/MAX of Orange Beach PHONE: 251-979-8899

$755,000

↓ $8,000

455 E Beach Boulevard Unit 1212, Gulf Shores

2 Beds 2 Baths 1,161 SqFt Residential MLS® # 377922

RE/MAX Paradise

$755,000

455 E Beach Boulevard Unit 1513, Gulf Shores

2 Beds 2 Baths 1,161 SqFt Residential MLS® # 378132

Brett R/E Robinson Dev OB Main: 251-981-6180

$755,000

28107 Perdido Beach Boulevard Unit D216, Orange Beach

2 Beds 2 Baths 1,602 SqFt Residential MLS® # 385375

RE/MAX of Orange Beach PHONE: 850-910-0603

$754,000

↓ $15,000

527 Beach Club Trail Unit C-1001, Gulf Shores

3 Beds 3 Baths 1,250 SqFt Residential MLS® # 370186

Coldwell Banker Coastal Realty

Prev

1 55 56 57 58 59 60 61 222

Next

By Meredith Folger Amon | October 19, 2025

Ono Island Boathouses, Docks, and Piers — Permits, Design Tips, and Buyer Guidance

Boathouses, Docks, and Piers on Ono Island: A Practical Owner’s Guide

Guided by Integrity. Backed by Experience. Search the Gulf with Meredith Folger Amon.
By sunset, Old River turns to gold and the silhouettes of boathouses and piers say everything about how we live on Ono Island. I’m often asked how…

By Meredith Folger Amon | October 19, 2025

Orange Beach vs. Gulf Shores: What $350k–$500k Buys — Homes vs. Condos

By Meredith Folger Amon | October 19, 2025

Ono Island Permitting & Road and Bridge Impact Fees | Meredith Amon

By Meredith Folger Amon | October 19, 2025

Top 5 Waterfront Restaurants to Boat To in Orange Beach, Alabama

Tags

• gulf coast (65)
• Meredith Amon (56)
• interest rates (4)