Rachel Cruze

Well, if I had a crystal ball and I knew where rates were going to go, I wouldn't be here right now.

I think that's the biggest question for us.

You'd be on an island somewhere.

I'd be on an island somewhere.

Oh, man.

Rates are just unstable right now.

With everything that's going on in the geopolitical climate, with the war in Iran, with oil prices, I mean, rates are very sensitive to those things.

And so it's really hard to tell what rates are going to do.

They're quite unstable.

Rates are kind of like trust.

They get worse really fast, and it takes a long time for them to come back down and get better.

And so I just think right now people just need to recognize that they got to be patient.

And there's no way to really predict what rates are going to do.

Yeah.

Ever is a long time, but I'm not banking on them coming down to the 2% again.

Yeah, I do.

I think we call that rate locked.

that people are afraid to let go of that rate.

And at the end of the day, I think if they can afford and they want to buy a house right now, even though their rate may go up, if it fits their budget, it may not be a bad idea.

I would tell them to focus much less on the rates moving around and much more on, is their budget ready for them to be a homeowner?