94% of 2026 homebuyers may change plans if interest rates don't drop, with 64% wanting rates under 6%.
In a recent survey, it was found that 59% of potential homebuyers in 2026 prioritize mortgage rates over home prices. Interestingly, 64% of respondents indicated they would only consider a mortgage rate below 6%, a scenario that experts deem unlikely. The survey was conducted among buyers in 2026, revealing a significant emphasis on mortgage rates in their decision-making process. This data suggests a strong preference for lower interest rates among the majority of buyers this year.
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