10/11/2026
🏡 Should you wait for mortgage rates to drop before buying a home?
Here’s what I’m telling my New Hampshire buyers:
In August, pending home sales in New Hampshire were up more than 17% compared with last year.
That tells us buyers are already coming back into the market.
And here’s the part people sometimes overlook:
📉 When rates come down, more buyers typically enter the market.
🔥 More buyers can mean more competition.
💰 And more competition can put upward pressure on home prices.
You may be able to refinance your mortgage rate later.
But you can’t go back and renegotiate the price you paid for the home.
That does NOT mean you should rush out and buy a house just because rates could change.
The most important thing is this:
👉 Make sure the payment works for you TODAY.
I break this down even further in my full YouTube video, including what today’s mortgage rates actually mean for New Hampshire buyers.
🎥 WATCH THE FULL VIDEO HERE:
https://youtu.be/rCUbWY1iEVw?si=F06JXE2ZpE2NZF90
I’m Caren Dempsey, your New Hampshire REALTOR®. Before real estate, I spent 16 years as a nurse, and that same approach still guides how I work with my clients today: give people the facts, explain their options, and help them make the decision that is right for them.