06/10/2026
⁉️ One thing I get asked frequently is “what are the interest rates right now?” 📈 I also constantly hear “I’ll wait to buy whenever the rates drop some.”
🫣 Here’s the cold hard truth, the market is unpredictable. Rates can change tomorrow and unless you get locked in now, then you are potentially setting yourself up for a higher rate. 🔒Yes, they could potentially drop a bit as well; however, do you want to continue to gamble on that percentage?
I have listed various previous average rates. (Along with the graph below for reference to truly see how unpredictable the interest rates can be.)
June 1972 - 7.38 %
June 1976 - 8.90 %
June 1980 - 12.85 %
June 1981 - 16.71 %
June 1986 - 10.62 %
June 1996 - 8.30 %
June 2006 - 6.62 %
June 2016 - 3.66 %
June 2018 - 4.62 %
June 2022 - 5.78 %
June 2024 - 6.87 %
June 2026 - 6.48 %
Some seem to think the rates are the highest they’ve ever been when truly they aren’t even half that. 🤯
🏠 The best time to buy a house is whenever you are ready, not when the market tells you that you are. For now, focus on the aspects you can control and don’t worry about the ones you cannot.
If you are interested and want to have a conversation, call or message me. I’m available to answer any questions you may have. Let’s begin the process of buying that home on your wishlist. 🖤
Amy Wright, Broker/Realtor
📱 828-544-2333
📧 [email protected]
REMAX Prestige Legacy