[Home]() > [Press Releases]() > Rates Hit a 3-Year Low – LBC Mortgage Prepares for a Busy Spring with Refinances, New Buyers, and Back-to-Back Webinars # Rates Hit a 3-Year Low – LBC Mortgage Prepares for a Busy Spring with Refinances, New Buyers, and Back-to-Back Webinars March 3, 2026 [by Sofiia Kovalchuk]() Los Angeles, CA – March 2026 – As the spring home-buying season gets underway, LBC Mortgage is seeing fresh optimism in the market following a recent move of mortgage rates to their lowest levels in over three years — with the average 30-year fixed rate dipping below 6% for the first time since 2022. This shift brings more breathing room for buyers and refinancers alike heading into 2026’s busiest months. > *“When rates go below 6%, even just for a moment, it wakes up buyers who’ve been on the sidelines,”*said LBC Mortgage CEO Alex Shekhtman*. “That kind of relief – even a few tenths of a percent – can take hundreds off monthly payments and pull families back into planning mode.”* He says the phones are already ringing more. > “*We’re seeing people who paused last year come back and say, ‘Okay… maybe now.’ And we’re seeing homeowners asking about refinancing because the math finally makes sense again.”* ## A Spring Market in Motion With mortgage rates moving down into the upper-5% range, the spring market is poised for renewed activity – even if it doesn’t feel like a “boom.” > “*This isn’t 2021 again,”*Alex said with a laugh. “*But it is a moment where buyers and refinancers feel a little more hopeful.”* Industry economists are also calling for a market that stabilizes this year, with rates holding more predictably, more housing inventory entering the market, and more buyers stepping forward now that pricing growth has moderated. > “*That’s the sweet spot,”* Alex explained. “*I see no panic and no frenzy – just a calmer, a little bit more balanced market where people can make thoughtful decisions. For someone who’s been renting or waiting, it’s the perfect time to plan, prep, and take action.”* Alex emphasized that while tightening the timing around homebuying in spring makes sense, the real key is being ready – financially, mentally, and with a trusted team beside you. > “*You don’t need a magic rate*,” he said. “*You need a plan and clarity. And you need to understand how a mortgage works for you’.* ## What This Means for Buyers and Refinancers With rates at a three-year low, spring typically brings: - more buyer engagement - increased refinance interest as homeowners look to secure lower payments - renewed confidence among first-time buyers - more homeowners willing to list, easing inventory constraints > “If you’ve been thinking about refinancing – this is one of those real moments,” Alex said. “You can take advantage of this rate environment, save money, and still plan for your future. That’s a conversation worth having.” He reminded buyers that waiting for the “perfect rate” often leads to waiting too long, and that personal readiness – credit strength, savings habits, and financial confidence – matters more than trying to time the market. > *“I tell people all the time,”* Alex said. “*You’re not timing the market. You’re timing your life. And when you’re ready – we’re ready as well.”* ## A Major Milestone for Real Estate Agents In February, LBC Mortgage hosted a high-energy live webinar for real estate agents that was packed with practical insights – so much that many attendees said they wished they could bring their buyers too. > “*I talk to agents every single day,”*Alex shared.*“A lot of them are burned out from slow patches, juggling listings,* *clients with cold feet, and trying to hit goals in a quieter market. They are not lacking skill, no, they’re just lacking context – how the modern buyer thinks, how programs work today, and what tools actually help get offers accepted.”* This event was a new approach to supporting the real estate community, focusing on: - how the buyer profile has changed in 2026 - why traditional strategies alone aren’t enough anymore - what loan programs actually move people into homes - and how to use mortgage knowledge as a competitive advantage > “*The strongest agents this year won’t just be great negotiators, but educators too*,” Alex said. “*They’ll be the ones who explain financing options so clearly that buyers don’t hesitate. That’s the edge top agents have in today’s market.”* Because so many agents asked for the same session to be repeated – this time with their buyers in mind – **LBC Mortgage has announced a follow-up webinar in March targeted specifically at homebuyers**. The goal is to give people the same clear, honest guidance so many agents have been craving. > “*If your client couldn’t make the previous webinar, this buyer-focused session is for them,”* Alex said. “*We’ll cover what real affordability looks like, how to prepare your credit, options for self-employed buyers, down-payment programs, and yes – what the current rate environment means for real people.”* ## Recognized Again – But Looking Forward On the awards front, Alex was also recently honored with a **Titan of the Industry Award by National Mortgage Professional Magazine** (NMP) – a recognition that celebrates leaders who shape the mortgage industry through innovation, client service, and leadership vision. > “*I was honestly humbled,”* Alex said. “*because it means our work is being seen by people who care about this space. It means that what we do – being direct, clear, and client-first – actually matters.”* > He was quick to add: “*I’m proud of it. But I’m more proud of what it represents – a team, a culture, a way of showing up that’s consistent even when the market isn’t easy. And we’ve got more to do.”* ## About LBC Mortgage LBC Mortgage is a national mortgage brokerage licensed in California, Florida, Illinois, Washington, Texas, North Carolina, South Carolina, Colorado, Oregon, and Pennsylvania. With a people-first philosophy, LBC offers FHA, VA, Conventional, Jumbo, and self‑employed loan programs – providing clarity, flexible solutions, and support for a wide range of borrowers. **Media Contact:**Sofiia Kovalchuk Head of PR, LBC Mortgage [sofiia@lbcmortgage.com]() [(818) 217 0138]()[lbcmortgage.com]() Share ### Get in Touch Whether you’re buying a home or are ready to refinance, our experts are here to help. [** Call us now]() [** Book a consultation]()