10/29/2026
Everyone is searching "when will mortgage rates go down," and searches like that are higher this fall than at any point this year. Fannie Mae expects rates near 7.5% through 2027. So, a fair question.
Here's what I'd say depends entirely on who's asking.
If you're buying your first home, the rate matters less than whether the payment fits your budget. Get pre-approved, compare more than one lender, and ask for credits toward your rate or costs, not just a lower price. You have more leverage in that conversation than most people use.
If you're moving up, your equity is doing a lot of the work. Know what you'll net from your sale before you buy anything. Price your current home for today's market, not last year's. Borrow less, and the rate becomes a smaller part of the story.
If you're downsizing, the rate may barely matter. Pay cash and skip it entirely. Borrow less and it matters less. Talk to a tax advisor about your gain before you sell. That last one surprises people.
You have more options than you think. I've helped buyers and sellers work through all three of these, and the right move usually becomes obvious once you see the numbers clearly.
DM me 01, 02, or 03, and I'll walk you through yours.
