Does buying a home still make sense in 2026 with mortgage rates this high?
It can, but the math is stricter than it was during the low-rate years. High rates raise your monthly payment for the same price, so you buy less house per dollar and your break-even horizon lengthens. Buying makes sense if you plan to stay put five-plus years, the payment fits comfortably inside your budget, and you have a full emergency fund on top of the down payment. Remember you can refinance if rates fall later, but you can't un-buy an unaffordable house. Marry the house, date the rate is the common phrase. Stress-test the payment at wealthserene.com/tools/home-affordability and take the assessment at wealthserene.com/assessments/mortgage-readiness before committing in this environment.
Educational disclaimer: All content on WealthSerene.com is for educational purposes only and does not constitute investment advice. Projections and calculations are illustrative — actual results will vary based on market conditions, your specific situation, and many factors outside this tool’s scope. Always consult a qualified financial professional for advice specific to your situation. View full disclosures →