Understanding Today’s Interest Rates and What They Mean for Buyers

Interest rates have been the hot topic in real estate — and for good reason. Even small changes can affect monthly payments and overall buying power. But here’s the good news: while rates have fluctuated recently, they’re still within a historically normal range, and smart buyers are using this market to their advantage.

When rates rise, competition often cools, giving buyers more room to negotiate and avoid bidding wars. And remember — you can always refinance later when rates drop, but you can’t go back and re-negotiate the price you missed out on today.

If you’ve been waiting for the “perfect” time to buy, the best time is when it’s right for you. Whether that’s locking in now before prices climb further, or preparing your finances for the next opportunity, I can help you make the smartest move for your situation.

Let’s chat about your goals and find out what today’s market means for you.