"You don't have to. Most lenders offer a rate lock for 30, 45, or 60 days — and many will float it if rates drop before close. We build in that flexibility in the offer terms. You're not committing to a rate at the start, you're committing to a close timeline."
"What's your benchmark — what rate would feel acceptable to you? Because even at 7%, if your rent is equivalent or higher, the owning-versus-renting math still works. The emotional resistance might be higher than the financial case."
"I hear it — nobody wants to feel locked into a high rate. But consider this: even if you buy at 7% now and rates drop to 6% in 24 months, you can refinance. But if you wait 2 years to buy at 6% and the market moved up 10%, you didn't save money — you spent it on a higher purchase price and still have a 6% rate. Buy when you're ready, refinance when rates improve."
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