09/25/2026
"But mortgage rates are around 7%… I’m going to wait.”
I completely understand why a higher rate can make buyers nervous. It's a big deal. I know it's all over the headlines.
But here’s something important to consider:
*** What monthly payment can YOU comfortably afford? ***
The interest rate matters. It affects the total cost of your loan and how much interest you may pay over the life of the mortgage. But your decision shouldn't be based on the rate alone, because there are some options.
💰 Shop around. Different lenders and loan programs may offer different rates and costs.
📉 Ask about discount points. Depending on your situation, paying points upfront may lower your interest rate.
🔄 Refinancing may be an option later if your circumstances and future rates make it worthwhile. It's not guaranteed, and refinancing comes with costs.
💲💲 Most importantly, look at the payment.
If you've found a home you LOVE, the payment fits comfortably within your budget, and the rest of the numbers make sense? Don't automatically walk away just because you don't love today's interest rate.
Because here's the thing:
🏡You can't go back and buy yesterday's house.
The goal isn't to find a “perfect” interest rate. The goal is to find a home and payment that make sense for YOU.
Talk with your lender about your options, then let's go find the house. I have great lenders that can get you preapproved and run some payment scenarios for you!
Would you rather have a lower rate OR the house you absolutely love at a payment you can comfortably afford?
Brittany Capodice | Realtor
Polter Real Estate
📱 419-341-9382
📧 [email protected]