That’s why I am waiting that little while. Some people could end up flat on their asses when something like that happens.
The time to buy real estate is when interest rates are high. The reason is simple. People don’t buy a price. They buy a payment. When you buy when interest rates are high, it depresses values. So you buy, and when rates fall, you can refinance AND your home becomes worth more.
When you buy when rates are low, there will never be a refinance window for you, and prices will be hard pressed to go up more, when interest rates go up more.