05/27/2026
🏡 🏡 “Should I wait for mortgage rates to drop before buying?”
It’s one of the most common questions we hear, and in Central Kentucky, waiting may actually cost you more. 📈
Here’s why👀
👉🏼Experts predict major rate drops may not happen until 2027–2028
👉🏼Home values in Central KY continue to appreciate year over year
👉🏼Limited inventory + slower new construction keeps demand strong
👉🏼A lower rate later could easily be offset by a higher purchase price
Example:
A $300K home appreciating 4% becomes $312K next year. Even if rates improve slightly, you may end up in the same payment… or paying more overall.
If you NEED to move, it may make more sense to buy now and refinance later rather than wait and compete at higher prices.
Real estate is local and Central Kentucky plays by different rules than markets like Florida, Vegas, or Nashville. 👊
Brad Hacker
