You Can Refinance an Interest Rate - Not a Price | Waiting for Lower Mortgage Rates Could Cost You

If you’re waiting for mortgage rates to drop before buying a home, this episode breaks down what that decision could really cost you.In this episode of Mortgage Matters, Roland Daniels and Heidi Griffith explain why waiting for lower mortgage rates can backfire for today’s homebuyers. While interest rates fluctuate, home prices in the Las Vegas housing market continue to rise—making it harder to afford the same home over time.They walk through the real cost of waiting, including rising home prices, increasing rent, and the return of buyer competition when rates eventually improve. You’ll also hear why many experts are not expecting major rate drops in the near future.The episode also touches on options available to buyers today, including down payment programs through the Nevada Housing Division that can help reduce upfront costs or lower your interest rate.If you’re a renter, first-time homebuyer, or someone trying to decide whether now is the right time to buy, this conversation will give you a clearer, real-world perspective on today’s market—both in Las Vegas and across the country.