We all want lower rates—but is it smart to wait for them before buying a home?
Here’s what buyers need to understand: when rates drop, buyers flood back into the market. And when that happens, prices surge and competition skyrockets.
Right now, buyers have leverage. Sellers are offering concessions. Builders have standing inventory. In short: it’s a calmer, more negotiable market.
If you find the right home today, the best strategy might be to marry the house and date the rate. You can always refinance later.
Waiting might get you a lower rate—but also a much higher price. And in some cases, more
competition means you don’t even get the house you wanted.
Every market is different. If you're thinking about waiting, let’s run the numbers both ways and decide with data.
Jay Atterstrom
📧 [email protected]
📞 (214) 377-0033