Are You Letting Your Mortgage Rate Make Your Decisions for You?

We get it. That super-low rate you locked in years ago feels like a win. But what if it’s quietly keeping you stuck?

Keeping a low mortgage rate feels smart – until it starts holding you back.

The truth is that 3% rates aren’t coming back anytime soon. Industry experts project that by the end of 2026, rates will still hover around 6% to 6.5%. Waiting for rates to drop dramatically? You could be waiting years. Or forever.

If you’ve thought about moving but you’re holding off because you don’t want to give up your 3% mortgage rate, this 5-year price forecast might help you rethink your timing.

Even in this shifting market, experts project home prices will keep rising. That means the longer you wait, the more your next home will cost. So, a $400K house today will be nearly $80K more in just 5 years.

So the real question isn’t about interest rates. It’s about life.

Will your current home still work for you five years from now? Are you outgrowing it, relocating, downsizing, or craving a different lifestyle?

When life evolves, your home should evolve with it. And sometimes, clinging to a low rate means missing out on the home that actually fits where you're headed.

Let’s rethink what "smart" looks like. It might just mean letting go of a number, and leaning into what you really need next.

Love Where You Live is here to help you understand your opinions so you can make the right decision for you and your family.