06/03/2026
A good perspective to take on mortgage rates right now.
📉 What's Going On With Mortgage Rates?
Mortgage rates started 2026 with optimism and even dipped below 6% for a short period. Since then, inflation concerns and rising bond yields have pushed rates back into the mid-6% range.
While rates are still generally lower than they were a year ago, affordability remains a challenge for many buyers.
One of the biggest mistakes I see is people waiting for the "perfect" interest rate. The truth is, nobody can consistently time the market—not buyers, not lenders, and not economists.
If you find the right home and the payment fits comfortably within your budget, it may make sense to move forward. If rates improve down the road, refinancing is always an option.
🏡 The best time to buy isn't when rates hit a certain number—it's when you're financially ready and find the right home for your family.
Have questions about today's market or what your payment might look like? Send me a message and let's talk.
