“Should we buy now or wait for rates to come down?”
Here’s the honest answer: do not base your entire move on guessing where rates are going. As of April 17, 2026, Freddie Mac’s average 30-year fixed rate was 6.46%, up from 6.38% the week before. California affordability is still tight, and C.A.R. projected only a modest improvement in statewide affordability for 2026.
What that means in real life is simple: if the right home is available, the payment works for your family, and the move improves your lifestyle, buying now can still make sense. Waiting for rates to drop sounds smart, but if rates fall later, competition often heats up, and prices can move higher. In a town like Carlsbad, the right house rarely gets cheaper just because people sat on the fence.
What I tell buyers:
Buy when you are financially ready, when the monthly payment is comfortable, and when the home fits your next chapter. Trying to time rates perfectly is a gamble.
If you are ready to stop renting and start building wealth for yourself, let’s create a plan together based on your budget, your timeline, and your goals.
📩 Send me a DM or text me today.
Mike Brown Broker - 760.822.8734
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