Mortgage rates are officially below 6% in early 2026, down nearly 8% from last year — but should you buy now or wait for even lower rates? 🤔
In this episode of Rate Watch, mortgage expert Dave Steinberg breaks down what today’s interest rates mean for homebuyers, why waiting can be risky, and how buying now can still be a smart move thanks to refinancing opportunities later.
Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding
What You'll Learn:
_ Mortgage rates entering early 2026 are below 6%, about 8% lower than this time last year, which is a major improvement.
_ While rates could drop further, they also might not — waiting comes with uncertainty.
- Dave’s advice: If you’re able to buy now, do it, because you can always refinance later if rates improve.
- Winter is a strategic buying season with fewer buyers and more opportunities in many markets.
- If the right home is available, now is a solid time to act — reach out with questions and like the video if it helped.
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Connect with me:
Office: 718.575.1166
Email: dave@summitfunding.com
https://summitfunding.com
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Summit Funding | Registered Mortgage Broker (NMLS #52081) New York State Department of Financial Services
7030 137 Street, Kew Gardens Hills, NY 11367
Summit Funding | Licensed Correspondent Mortgage Lender (NMLS #301151) New Jersey Department of Banking and Insurance
Summit Funding Inc., Your Mortgage Professionals Licensed Mortgage Broker (NMLS #84943) | State of Connecticut Department of Banking
Summit Funding, Your Mortgage Professionals, Inc. Licensed Mortgage Broker (NMLS #84943) | Florida Office of Financial Regulation
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