10/29/2026
🏡 Still waiting for mortgage rates to drop back to 3%?
You're definitely not alone!
But here's a little perspective… 👀
📈 In 1980, mortgage rates averaged over 13%!
🏠 In 1990, they were around 10%.
📉 In 2020 and 2021, we experienced historically low mortgage rates.
Those 3% rates were the exception, not the norm!
Here's something to think about…
While you're waiting for interest rates to drop, home prices and market conditions can change, too.
The best time to buy isn't necessarily when rates hit a certain number. It's when you find the right home, with a payment that comfortably fits your budget.
And if rates decrease in the future, refinancing may be an option!
💗 Don't put your homeownership dreams on hold waiting for yesterday's rates.
Whether you're thinking about buying now or just exploring your options, I'd love to help you make an informed decision!
Tobi Greene | REALTOR®
RE/MAX Precision
515-208-4000