How Buyers Can Navigate Today’s Rate Gap Successfully

Over the years working with buyers and sellers, I’ve seen how perceptions about mortgage rates can shape major decisions. Many people are holding off on buying for more than a year, thinking rates are higher than they actually are—while rates have hovered near 6.5%. This pause is not only keeping some out of homeownership, but it’s also fueling higher home prices and rents. In reality, experts consider rates between 5% and 6% to be within a normal range. There are also options available—like discount points or down payment assistance—that can help bridge the gap. My approach is always to keep clients informed about real numbers and practical solutions, so they can move forward with confidence when the time is right for them.