The Fed took rate cuts off the table for 2026. How buyers should reset.
By Mina Mina · Real Broker, LLC
A lot of buyers spent the past year waiting for the Fed to cut rates and bring mortgages down. At its June meeting the Fed held again and its own projections pushed rate cuts further out, signaling that meaningful cuts in 2026 were unlikely. If your plan was to wait for cheaper money, it is time to reset.
Waiting has a cost too
While you wait for a lower rate that may not come, prices in strong pockets can keep inching up and the home you wanted can sell to someone else. There is a real cost to sitting out, and it does not show up on any rate sheet. Sometimes the best rate is the one that lets you buy the right home at today's price.
A smarter frame
Buy the home when the home and the payment both work for you. If rates fall later, you can refinance. If they do not, you already own the asset. Marry the house, date the rate, as the saying goes. It is simple, and it keeps you from waiting forever.
Not sure whether to move now or wait? Let us look at your real numbers and make the call together, with no pressure either way.