Mortgage Rates Are in the Lowest Range They’ve Been in 3 Years

If you’ve been waiting for mortgage rates to come down before making a move, this is an important moment to pay attention.

Mortgage rates are currently sitting in their lowest range in nearly three years, and many forecasts suggest they could remain around this level through much of 2026. After several years of rate volatility, this kind of stability can make a meaningful difference for buyers who have been holding off.

Why This Matters for Buyers

When rates ease and stabilize, affordability improves in real, tangible ways. For many buyers, that can mean:

• Lower monthly mortgage payments

• More flexibility in your overall budget

• Increased purchasing power, opening the door to homes that may not have felt realistic before

Even small shifts in interest rates can impact how far your budget goes - both now and over the life of a loan.

Is It Time to Revisit Your Buying Plans?

If buying a home didn’t make sense for you in the past, today’s market conditions may be worth a second look. The combination of improved rate ranges and a more balanced market can change the math significantly.

This doesn’t mean you need to commit right away. It simply means it may be a smart time to reconnect with a lender, update your numbers, and explore your options with fresh eyes.

A Market Shift Worth Noticing

Real estate decisions are always personal, and timing looks different for everyone. But with mortgage rates showing signs of stability and affordability improving, this could be the shift that brings your goals back into focus.

Consider this your sign to get informed, review what’s possible, and position yourself confidently for the months ahead. Knowledge - not pressure - is always the best first step.