falling mortgage rates

Mortgage rates are now falling but demand is still weaker — Photo by Jakub Zerdzicki on Pexels

Mortgage Rates Drop 2026 First‑Time Buyers Pay Too Much

The short answer is that lower rates alone don’t guarantee a better deal for first-time buyers because inventory shortages and weak demand can still drive up overall costs. Timing, credit quality, and lock strategies matter more than a few basis points of rate change. Financial Disclaimer: This article is