You’ve probably seen all the hype about rates dropping. Everyone’s saying it like it’s this huge, life-changing moment.
But let’s be real… the difference between 6.58% and 6.29% is about seventy-six bucks a month on a $400,000 loan. That’s it. Seventy-six dollars.
I’m not here to dress that up or make it sound bigger than it is. We’re black and white about this stuff. We’ll always tell you the truth, even if it’s not flashy.
So if you sat around waiting for this “big drop,” you didn’t really gain much. You’re basically in the same place you were a month ago, except maybe you missed out on a house that would’ve been a great fit.
That’s the reality.
