Real Estate Rate Prediction for 2026 Buy Now or Wait?

Transcription:

David: Where do you forecast rates for this new spring season?

Deena: So low six, high fives, and then I'm hoping they're going to be around the mid fives for 2026.

We don't know that though, but don't not buy because of the interest rate.

You want to buy something because you want to be looking at the product.

What is this home? Is this a vehicle for advancement?

My mom, when I was with her on Saturday, told me that her first mortgage, she had a rate of 12% and they didn't even think twice about it. So you don't really want to focus on the rate because if it makes sense to purchase and you're paying somebody else's rent right now, don't do that. That's even worse, right?

Amber: Yeah. Well, and also when your mom bought a house, everything was way cheaper.

I find myself going, man, I remember when gas was 99 cents and gum was 50.

So I mean, everything else is so expensive. So people are looking at it like, I'm just going to wait, which is still wrong. You shouldn't wait because prices go up. You can't refi those. You're going to pay more and just, you can refi out.