10/15/2026
The thing nobody says about waiting for lower rates.
If rates drop one point, the same $4,154 payment borrows about $664,000 instead of $600,000. That’s roughly 10% more house.
Sounds great, until you remember every other buyer gets that same 10% at the same time.
What do you think happens to prices? Tell me below.
Real Estate Math #6. Follow for a new one every day.