Here’s experienced mortgage loan officers and REALTORS® are doing right now, despite the interest rates: They’re buying homes for themselves.

According to Mortgage News Daily, the 30-year fixed mortgage rate was 7.19%, which was up 0.16% from the week prior and 1.92% higher than one year ago. Despite the rise in mortgage interest rates across this year, the conventional wisdom, via reporting from U.S. News & World Report, is that rates will decrease towards the end of this year and continue a decline into 2024.

So why are veteran mortgage loan officers and REALTORS® buying themselves homes now? Because they’ve seen market fluctuations before, and they know real estate is a long-term investment. In essence, they’re “dating the rate and marrying the house.”

They’re finding houses they love and biting the bullet on the rate, with the aim of refinancing when rates come down.

Mortgage loan officers are buying. REALTORS® are buying. You should buy.

Let’s make a great move.