Is Your 3% Mortgage Rate Holding You Back From the Life You Really Want?

If you have a mortgage rate around 3%, chances are you’ve wrestled with the idea of moving—only to feel stuck because of that ultra-low rate. After all, why give that up? It’s a logical concern in today’s market.

But here’s a more powerful question to ask: Will you still be living in your current home five years from now?

Let’s flip the script. People don’t usually move because of their mortgage rate—they move because life changes. Whether it’s a growing family, a new job, retirement, or simply the desire for a better layout or location, most moves are driven by personal needs, not interest rates.

Here’s What To Consider:

1. Life Comes First
Do you see any changes on the horizon? Are your kids moving out soon? Are you craving more space, less maintenance, or a home office? If your home no longer fits your life, staying put may not be the best option—no matter the rate on your current mortgage.

2. Time Has a Cost
Even a delay of one or two years can mean a big difference in your future home’s cost. The housing market continues to evolve—and home prices are projected to rise steadily for the next several years.

3. What the Experts Are Saying
Fannie Mae surveys over 100 housing experts quarterly, and the consensus is clear: home prices are expected to continue increasing through 2029. That means the longer you wait, the more you may pay down the line.

4. Your Mortgage Rate Isn’t Everything
A low rate doesn’t help much if your home no longer suits your needs. Yes, today’s mortgage rates are higher—but there are creative financing options, negotiation strategies, and long-term plans that can make a move not only possible, but smart.

5. You Don’t Have To Figure It Out Alone
As a local real estate expert, I’m here to help you explore your options. Whether you’re ready to move now or just starting to think about the future, let’s talk about what’s best for you—not just financially, but for the life you’re building.

Ready to chat about your timeline and explore what a smart move could look like?
Reach out anytime—I’m here to help you think through every angle and guide you every step of the way.

Sarah Huard, Mott & Chace Sotheby’s International Realty
Serving Rhode Island and Southeastern Massachusetts with strategy, hustle, and heart.

Click on the link below for more reasons why moving now may be in your best interest!

https://www.simplifyingthemarket.com/en/2025/05/15/why-would-i-move-with-a-3-mortgage-rate?a=535214-8638ba58f9b6348ae340b116d7982127