Mortgage Rates Are 7.4% Again — Buy Now or Wait? (Real Data)

Mortgage rates are back above 7% — so should you buy now or wait for 6%? In this video, we test it with real data from October 2023 to today: two neighbors, identical houses, one buys at a 7.79% rate and one waits for 6% — mortgage rates, home prices, rent, Treasury bills, and the exact reason why the rate barely decided who won. In this video, we cover: 🏠 Buying at the worst rate in 23 years vs. renting and waiting 💵 Why the waiter is way ahead after year one (hint: Treasury bills) 🔁 "Marry the house, date the rate" — what happened when she refinanced 📈 The two numbers that quietly rose while he waited 📅 The single week rates finally dipped below 6% 📊 The final 3-year scoreboard (it's closer than anyone expects) 🧮 The three numbers that actually decide buy vs. wait — and how to check yours If you're trying to decide whether to buy now or wait for lower rates, or you're just curious who really came out ahead, this one's for you. 📚 Sources: Freddie Mac weekly mortgage rates (PMMS): https://www.freddiemac.com/pmms Rates drop below 6%, Feb 26, 2026: https://freddiemac.gcs-web.com/news-r... Rates average 7.40%, Oct 8, 2026: https://www.globenewswire.com/newsrel... Maya and Jordan are an illustrative example built on real rates, home prices, rent and Treasury bill data. 🔔 Subscribe for more videos breaking down the money decisions that shape everyday America. ⚠️ Educational content only, not financial, tax or legal advice. Rates and prices change weekly; your local market will differ. #mortgagerates #BuyOrRent #HousingMarket #FirstTimeHomeBuyer #RealEstate #Refinance #HomeBuying #InterestRates #RentVsBuy #PersonalFinance #MoneyExplained #EconomicsExplained