Mortgage Rates at 6.5% — Should You Buy Anyway? | Your Money Matters

Mortgage rates are sitting around 6.5% — and a lot of would-be buyers are wondering whether to wait it out or just go for it. Dave Davis sits down with Jeff Ostrowski from Bankrate to break down what's actually happening in the housing market, what the war in the Middle East has to do with your mortgage rate, and how to think about 30-year vs. 15-year vs. adjustable-rate loans.
Whether you're trying to buy your first home, thinking about selling, or just trying to make sense of the numbers — this one's for you.

🏠 Topics covered:

Where mortgage rates stand right now (and why they went back up)
Should you buy a home even with rates at 6.5%?
30-year vs. 15-year mortgage — which is right for you?
Adjustable-rate mortgages: risky or underrated?
The "mortgage lock-in effect" and what it means for sellers

CHAPTERS
0:00 Introduction
0:35 Where mortgage rates stand right now
1:45 How the Middle East conflict pushed rates back up
2:10 Should you still buy a home at 6.5%?
2:54 When will rates start dropping again?
4:23 30-year vs. 15-year mortgage — which is better?
6:05 The case for keeping debt and investing instead
7:18 Adjustable-rate mortgages (ARMs) explained
9:10 Who should actually consider an ARM?
10:00 What high rates mean for home sellers right now
11:02 The mortgage lock-in effect explained
12:07 Advice for sellers in today's slow market
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Видео Mortgage Rates at 6.5% — Should You Buy Anyway? | Your Money Matters канала News On 6/KOTV