Most Buyers Ask the Wrong Question About Mortgage Rates

✅ The Wrong Question: "What’s the Mortgage Rate today?"
Most buyers get stuck on asking about the interest rate, assuming it dictates whether they should buy or not. However, rates fluctuate daily, and waiting for the "perfect" rate can mean missing out on homeownership altogether.

✅ The Right Question: "Am I Ready to Buy Regardless of Rates?"
Here’s what matters more than just the rate:

• Your financial readiness (credit score, stable income, savings)
• The market conditions (home prices typically rise over time)
• Your long-term life goals (family stability, personal wealth building)

✅ Why Mortgage Rates Shouldn’t Be Your Main Concern

• Rates Change: You can refinance later when rates drop.
• Home Prices Increase: The longer you wait, the more expensive homes get.
• Equity Growth: Even at a higher rate, you're still building equity.

✅ Key Takeaway: Don’t wait for the “perfect” rate—focus on whether you’re financially prepared to buy NOW.