Should I Sell My House If I Have a Low Mortgage Rate? Your Options Explained

If you bought or refinanced when mortgage rates were low, you may feel a little stuck. You'd consider selling your house—but giving up that low mortgage rate and buying another home at today's rate feels like a terrible financial move. But your current mortgage rate is only one piece of the equation. In this video, I'm walking through some of the numbers and options I want homeowners to understand before deciding they can't afford to move—including home equity, using equity toward your next purchase, larger down payments, mortgage rate buydowns, seller-paid concessions, and what happens when your equity is tied up in your current home. The goal isn't to convince you to sell. It's to help you understand what your move could actually look like before your current mortgage rate makes the decision for you. If you're thinking about selling and buying in the Dayton, Ohio area, I'd be happy to help you start working through the numbers and your options with your lender.