03/16/2026
Many buyers today are waiting for mortgage rates to drop back into the 5% range before making a move. But the reality is the difference may not be as big as people think.
At the same time, most housing experts aren’t predicting a major drop in rates this year. The general expectation is that mortgage rates will likely hover around the low 6% range with occasional dips into the high 5s, rather than staying much lower long-term.
👉 The takeaway: Trying to perfectly time mortgage rates may not make as much difference as people think. If buying a home fits your goals and finances, focusing on the right property and strategy can matter more than waiting for a tiny rate change.
If you're curious what buying or selling might look like in today’s market, feel free to reach out. I'm happy to walk you through your options.
Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range.