The Hidden Cost of Waiting to Buy

Many buyers wait for “better conditions,” but waiting has financial consequences.

Even modest home price growth of 3–5% annually can significantly increase the required down payment within just a few years.

Meanwhile, renters continue paying monthly housing costs without building equity.

Fannie Mae’s long-term outlook continues to project gradual home price appreciation over time, even in slower markets.

As of 2026, mortgage rates remain in the mid-6% range, meaning affordability has not returned to previous lows.

The biggest challenge is uncertainty — no one can reliably predict rates or prices in the short term.

For many buyers, the real question is whether the current payment fits their long-term plan.