The 50 year market rates a perspective on timing.

As we navigate the real estate landscape, I’d like to share some insights regarding interest rates and homeownership. Let’s address the common refrain: “Rates are too high, and I’m waiting for them to come down.”

The Waiting Game. It’s natural to want the best possible interest rate. However, consider the cost of waiting. Every month you rent, you’re essentially paying 100% interest—to your landlord. Why not redirect that investment toward building your own equity?

Marry the House, Date the Rate. Think of homeownership as a long-term commitment. You’re marrying the house. Interest rates? Those are like dating—temporary and subject to change. Focus on finding the right home; rates will follow.

Anticipating Rate Drops. If you believe rates will decrease, stay informed as you can always explore refinancing options.

Rates in Perspective. Rates have fluctuated dramatically over the years but the housing market has remained. Remember, it’s not just about numbers; it’s about securing your future.