Will mortgage rates go back to 3 percent?

Mortgage rates returning to the historic lows seen a few years ago is not something anyone, including a lender or an agent, can predict with real confidence, since rates move with national economic conditions well beyond any one market. Waiting for a specific rate target before buying can mean missing out on a home that fits a buyer's needs today, while home prices and competition keep moving regardless of rate predictions. A buyer can always refinance later if rates do fall significantly after they close. Brian Beatty can help a buyer weigh buying now against waiting based on their own timeline, not a rate guess.