10/11/2026
🏡 WAITING FOR 3% MORTGAGE RATES TO COME BACK?
A little history puts today’s rates into perspective:
📊 30-Year Fixed Mortgage Rate History
1975 — 9.05%
1980 — 13.74%
1985 — 12.43%
1990 — 10.13%
1995 — 7.93%
2000 — 8.05%
2005 — 5.87%
2010 — 4.69%
2015 — 3.85%
2020 — 3.11%
2025 — 6.60%
Current — 7.40%
👉Those 2–3% rates we saw a few years ago were historically unusual. Waiting for the “perfect” rate could mean missing the right home.
And right now, buyers may have something they didn’t have when rates were at 3% — more negotiating power, more inventory to choose from, and sellers who may be willing to offer concessions or help with closing costs or rate buydowns.
You can always explore refinancing later if rates improve — but you can’t go back and buy the house you passed up.
🏠 Let’s find the RIGHT home and negotiate the RIGHT deal for you.
Tammy Scott | REALTOR®
EXIT Realty Pro
📱 Cell: 214-709-7146
☎️ Office: 903-567-7777
🌐 EXITRealtyPro.com
Mortgage rates shown are national averages and may vary based on loan type, borrower qualifications and lender.
