Mortgage Rates Drop Over 1%, Sparking Debate On Best Time To Buy
• Mortgage rates have fallen over 1% since October, saving buyers thousands of dollars • Rates could fall further as the Fed plans to cut interest rates this year • Experts recommend buying now rather than trying to time the market perfectly • Buyers can refinance if rates drop more, though waiting risks missing price declines • The decision depends on personal situation, not just rates and market outlook