09/22/2026
π‘ **WAIT FOR 5%β¦ OR BUY NOW?** π€
Everyone wants the *perfect* interest rate. But what happens if you wait for rates to hit 5%?
π₯ More buyers jump back into the market
π₯ You could be competing with 10+ offers
π₯ Home prices may be higher
π₯ Negotiating power can disappear FAST
ORβ¦
π **Buy at 6.8% when thereβs less competition.**
π° Negotiate while buyers have more leverage
π΅ Ask the seller for **concessions toward closing costs**
π Potentially use seller concessions to **buy down your interest rate**
π¨ Negotiate repairs or other favorable terms
π Get the house you actually WANT
π **AND HEREβS A LITTLE HOLIDAY BONUSβ¦**
Go under contract in **October**, close in **November**, and in a typical mortgage scenario, your **first mortgage payment may not be due until January!** π
That could meanβ¦
π A **NEW HOME FOR THE HOLIDAYS**
π Celebrate Christmas in your new house
π₯ Ring in the New Year at HOME
π
And make that first mortgage payment in January*
Then, if rates come down later? **Explore refinancing.** π
Remember: **you can potentially refinance the rate later β you canβt refinance the price you paid for the house.**
Would you rather buy when sellers may be willing to help with **closing costs, rate buy-downs and other concessions** β or wait for a lower rate and potentially find yourself competing against 10 other buyers who all had the same idea? π
The question isn't just, *βWhatβs the interest rate?β*
Itβs **βWhat will the market look like when everyone else decides itβs finally time to buy?β**
Call/DM today for a private consultation!
Danna Hinz ABR, CRS, GRI, SRES
Melanie Miller - Senior Buyers Agent
Front Range Homes at RE/MAX Alliance
π² Danna 303-901-3860
π² Melanie 303-521-6501
π© [email protected]
π© [email protected]
*Timing of first payment depends on your loan and closing date. Confirm with your lender.