Comparison to 2023 rates

My whole feed on social media is about rates jumping. I’ve been paying attention for the first time because we’re about to start a new build within the next few months. So obviously because I’ve searched it, it’s all I’m getting on my feeds both negative and positive views on it. I keep seeing that rates were this high in 2023 about same time of year and then they dropped in January 2024 decently. I know rates fluctuate but do people always freak out like this with rate jumps? It’s giving me anxiety tbh. I know no one can predict rates but is this time any different then jumping up the last few years? I know we’re in war and we got mid term elections coming up but I’m curious if it’s just a normal reaction or if there’s something about this round of jumping up I should be totally scared away from buying now?

Posted Sep 30, 2026, 3:45 AM UTC

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