Understanding Mortgage Rates in Today’s Market: What Buyers Should Know Before 2026

With so much talk about mortgage rates in the news, it’s natural for buyers to wonder whether now is the right time to purchase a home. At MIG, we believe understanding how rates work—and how they fit into your overall financial plan—is key to making a confident decision.

What Influences Mortgage Rates?

Mortgage rates are influenced by several factors, including inflation, the Federal Reserve’s policies, and the overall health of the economy. While rates fluctuate over time, the most important thing is to focus on what you can control—your budget, credit score, and the loan options available to you.

Why Waiting for the ‘Perfect Rate’ Can Backfire

Many buyers delay their home search hoping for rates to drop, but in doing so, they risk missing out on home appreciation or rising rent costs. Buying a home is about building long-term equity and stability, not just finding the lowest rate. Even if rates decrease later, refinancing can always be an option.

How MIG Helps You Find the Right Fit

At MIG, we work with you to explore all loan options—conventional, FHA, VA, USDA, and more—to ensure you’re getting the best fit for your financial goals. We’ll help you lock in a rate that supports your long-term homeownership journey.

If you’re ready to explore your homebuying options, contact your local Mortgage Investors Group lender. We’ll walk you through the numbers and help you make an informed decision with confidence.