06/02/2026
🌟 What Nobody Told You About Waiting for Rates to Drop 🌟
Hi everyone, it’s Kelly Zindel from Utah Mountain Properties!
You might have heard that waiting for interest rates to decrease is the best strategy, but here’s the reality: they’ve actually gone up. 📈 The current rate for a 30-year fixed mortgage is 6.53%, compared to 5.99% back in February. That window of opportunity has closed.
I don’t want to rush anyone into a decision they’re not ready for, but it’s important to understand that waiting can have real costs—something many buyers in the Ogden area often overlook.
Here’s the math:
Every month you wait, home prices in Weber and Davis County continue to rise. Most markets are expecting a 2–4% appreciation this year. This means the home you’re interested in now will cost you more next year. And when rates finally drop, there will be a surge of buyers returning to the market, driving prices up even further.
You could end up paying more for your dream home while competing with a crowd of other buyers.
So, what should you do right now?
1️⃣ Get Pre-Approved: Knowing your actual numbers changes the conversation.
2️⃣ Talk to Your Lender About a Buy Down: A 2-1 or 1-0 buy down can lower your effective interest rate today, with the option to refinance when rates drop.
3️⃣ Calculate the Real Numbers: Focus on what’s available now, not on rates you hope to see in the future.
4️⃣ Start Looking: When rates decrease, you want to be under contract, not starting from scratch.
Remember, you can refinance later, but you can’t go back and buy at today’s prices.
If you're interested, comment "SEARCH" below, and I’ll send you a private link to explore available homes in your desired area!
Best,
Kelly Zindel
Utah Mountain Properties
801-389-3021
www.utmountainproperties.com (http://www.utmountainproperties.com)
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