If you’ve got a mortgage rate around 3%, you’re probably feeling pretty lucky—and understandably a little hesitant to give that up. Even if you’ve thought about making a move, this question may be bouncing around in your head: “Why would I walk away from that rate?”

Here’s the thing: most people don’t move because of their interest rate—they move because life happens. Families grow. Jobs shift. Retirement inches closer. And yes, sometimes you simply outgrow the space you’re in.

So maybe the better question to ask yourself is this: Will I still be in this home five years from now?

Take a moment to think about it. Are you expecting changes in your family? Planning for retirement? Have kids heading off to college? Are you already short on space or dreaming about a different layout or location?

If you’re completely happy and settled, staying put might be just right. But if there’s even a chance a move could be on the horizon—whether that’s next year or a few years out—it might be time to consider your game plan.

Because even a short delay could have a big impact on what your next home might cost.

What experts say about where Home Prices are Headed?

Every quarter, Fannie Mae checks in with over 100 housing market experts to get their predictions on where home prices are going. And the message is clear: prices are projected to keep rising through at least 2029.

Now, not every year will see big jumps. Some areas may cool off a bit. But historically, home prices trend upward—and even modest increases add up quickly over time.

Let’s say you’re planning to buy a home priced around $400,000. If you wait five years to make that move, projections show that same home could cost you close to $80,000 more.

That’s a major difference. And that’s why even if you’re not ready to move tomorrow, it’s smart to start thinking about the timeline now.

What About Interest Rates?

Some buyers are holding out hope that mortgage rates will drop back to those golden 3% days. But the experts agree—those rates aren’t likely to make a comeback any time soon.

Sure, we might see some dips here and there. But not enough to offset the price increases we’re expecting. So, if you’re waiting for rates to save you money, it may not work out the way you’re hoping.

So, What’s the Real Question Here?

It’s not just “why would I move?”—it’s “when should I?”

Because when you crunch the numbers, waiting might end up costing you more than you think. Having that conversation now—before prices climb higher—can give you more control and confidence moving forward.

Bottom Line

Hanging on to a low mortgage rate makes sense—until it starts getting in the way of what you really need.

If a move is on the table, even if it’s a few years away, now’s the time to start thinking about it. Let’s talk through the numbers at a price point that works for your goals. That way, you can make the right move, at the right time, with no regrets.