Is Your Mortgage Rate Holding You Hostage?

If you're sitting comfortably with a 3% mortgage rate, you’re not alone in wondering, “Why would I move and give that up?”

But here’s a different question worth asking: Will your current home still fit your life 5 years from now?

We often stay where we are for financial reasons, but life rarely stands still. Whether you're anticipating a growing family, downsizing after kids leave the nest, planning for retirement, or simply outgrowing your space—it’s okay to admit your needs have changed.

Even if a move isn’t urgent, timing can make a big difference. Waiting might cost you more than you think.

Is Your Mortgage Rate Holding You Hostage? What to Consider Before Staying Put

According to quarterly insights from Fannie Mae, over 100 housing market experts expect home prices to rise steadily through 2029.

Even modest increases can add up quickly. If you're eyeing a $400,000 home now and wait five years, that same home could cost nearly $80,000 more based on current projections.

And while mortgage rates may come down slightly, experts agree: those historic 3% rates aren’t coming back.

So rather than asking “Why move?” the better question might be:“When is the right time for me to move?”

The truth is, your needs—not your rate—should drive your decision. That’s where I come in.

I’m Teresa Hill, and I help people just like you make smart, personalized real estate decisions. If you're considering a move—whether it's next month or next year—let’s sit down and look at the numbers together. Because staying put is smart… until it starts to hold you back.

*Information sourced from Fannie Mae, MBA, NABH, Wells Fargo, & Keeping Current Matters