02/20/2026
In real estate, we say “Marry the house, date the rate”.
Why? Home prices continue to go up. Buy (marry) the house you love.
But you say, “I’ll wait for a lower interest rate”.
Don’t wait. Refinance when the rate goes down because you’re only dating.
The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year.