BuyingaHomeSpring2026.pptx (Bound Documents) (Notepads) (1) (1) - Flipbook - Page 4
This kind of monthly savings adds up fast, and totals over $3,300 over the course of a year.
While this isn’t enough to completely change the affordability game overnight, think about it this
way. You can now make a stronger offer, purchase in a different location, or buy a home that
checks more of your boxes. And that feels like a big shift compared to when rates were at 7%.
This Opens the Door for 550,000 Buyers
To drive home just how much this helps potential homebuyers like you, consider
this research from the National Association of Realtors (NAR). It shows that when mortgage rates
sit around this level, millions more households can afford a home. When rates are at 6% or
below:
5.5 million more households can afford the median-priced home
And roughly 550,000 of those people will likely buy a home within 12 to 18 months
That’s not just speculation. That’s pent-up demand finally getting the green light they’ve
been waiting for. You have the chance right now to get ahead and buy before more
people notice the game has just changed. Because the math is already working in your
favor.
An Important Call Out
Mortgage rates don’t operate in a vacuum. Home prices, local inventory, property taxes,
home insurance, and your personal finances still matter. And a rate in this territory
doesn’t mean every home suddenly works for every buyer.
That’s why getting pre-approved and running your numbers with a trusted lender is key.
Still, this rate environment puts more buyers in play than we’ve seen in years. So, if
buying didn’t work for you before, it’s worth taking another look.
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Bottom Line
Affordability is improving. And that may reset the math on your move.
Let’s run the numbers together so you can get a rough estimate of how much more buying
power you may have than you did just a few months ago.
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