06/23/2026
📈 Mortgage rates went up recently... but that’s not the whole story.
Many buyers see a headline about rates and assume they should wait. The problem? Waiting for lower rates can cost more if home prices continue to rise.
Here’s what most people aren’t talking about:
✅ Rates are still lower than they were a year ago
✅ Monthly payments on many homes are actually less than they would have been last year
✅ More inventory means more choices and negotiation opportunities
✅ Buyers who wait for “perfect” conditions often end up paying more later
Example:
A $700,000 home with 20% down last year had an estimated payment of about $3,680/month.
Today, that same scenario is closer to $3,548/month.
That’s approximately $132 in monthly savings despite recent rate movement.
The best time to buy isn’t determined by headlines. It’s determined by your goals, finances, and the opportunities available right now.
If you’re wondering whether buying today makes sense for your situation, let’s run the numbers together.
📲 Call or text (888) 912-0988
🌐 www.MeekerRealtyGroup.com