With constant economic headlines, global uncertainty, and ongoing conversations about affordability, it’s only natural to wonder: is now really the right time to buy a home?
Here’s what you need to remember.
While recent events are impacting the housing market, they haven’t taken buying off the table. It just means you need the right strategy.
Mortgage Rates Have Ticked Up – Here’s Why
After trending downward for much of 2025, mortgage rates have increased slightly over the past month.
According to Mark Fleming, Chief Economist at First American:
“Mortgage rates have recently moved higher, driven by geopolitical uncertainty and rising energy costs that are contributing to inflation concerns.”
So what does that mean for you? Should you wait for things to settle before making a move?
👉 The short answer: No, you don’t have to wait.
Your Window To Buy Didn’t Close
Yes, rates were slightly lower just weeks ago, and that made monthly payments a bit more affordable.
But it’s important to zoom out.
For example, on a $500K loan, today’s rates in the mid-6% range can still mean saving around $300 per month compared to buyers who purchased early last year.
That tells us something important:
👉 Even with recent increases, affordability is still better than it was a year ago.
The goal isn’t to perfectly time the market—that’s nearly impossible. The goal is to make the best decision based on today’s conditions.
Expect Mortgage Rates To Stay Unpredictable
Mortgage rates will likely continue to fluctuate as new economic data and global developments unfold.
You can’t control where rates go next week or next month. But you can control how prepared you are.
And that preparation is what gives you an advantage.
If You Need To Move, You Still Can
Life doesn’t pause for the housing market.
- Growing family
- Job relocation
- Lifestyle changes
These are real reasons people are still buying today.
And if you’re one of them, there are ways to make it work.
For example, some buyers are exploring options like adjustable-rate mortgages (ARMs) to secure a lower initial rate. That may not be right for everyone, but it shows there are strategies available.
👉 The key is having a plan tailored to your situation.
Why Working With the Right Team Matters
In today’s market, guidance matters more than ever. The right agent and lender will help you:
✔️ Understand your budget at today’s rates
✔️ Explore financing options that fit your goals
✔️ Stay informed as the market shifts
✔️ Move with confidence when the time is right
Bottom Line
Even with some uncertainty, buying a home is still possible—and for many, it still makes sense.
You don’t need perfect timing. You need the right strategy.
👉 If you’re thinking about making a move, connect with The Audra O’Neal Team. We’ll help you navigate today’s market, explore your options, and create a plan that works for you—so you can move forward with confidence.
