There’s a saying in life that resonates deeply with me: “Burn the boats.” The phrase refers to a commander who leads his troops into battle and orders them to burn their boats upon arrival, leaving no option for retreat. They had to be all in, fully committed to moving forward. That philosophy is at the core of my life and my business, and it’s never felt more relevant than in today’s housing market.
For many people, 2020 to 2022 will go down in history as the “golden age of homebuying.” Mortgage rates hit record lows and buying a home wasn’t just practical; it was an amazing investment. If you bought or refinanced your home during that time, chances are you locked in one of those dream rates.
But fast-forward to today, and the world feels different. Mortgage rates have climbed and the decision to move has become less about investment potential and more about something deeper: quality of life.
The theme repeats itself every day in conversations with clients: People cling to that low interest rate like an anchor, even if their home no longer fits their family’s needs or lifestyle. They know they’ve outgrown their current home, but the thought of giving up their low rate is paralyzing.
Here’s the thing: The ultra-low interest rates aren’t coming back. And that’s okay.
Homebuying has always been about more than interest rates. It’s about finding the place where your family will thrive. It’s about living in a home that feels right for this season of life, whether that means having more space for your growing family, moving closer to your kids’ school or activities, or simply finding a neighborhood that feels like home. For some, it might mean downsizing or relocating to a new city.
The low-rate era created an emotional attachment for many homeowners, but that attachment can come at a cost when you stay in a home that no longer serves you, limits your potential, or keeps your family from living the life you truly want. The real question is: Does your home serve your life? Does it support your family’s growth, happiness, and well-being? Or is it keeping you stuck?
Now is the time to shift your perspective and focus on what really matters. Yes, rates are higher than they were a few years ago. But buying or selling a home isn’t about chasing a number on paper; it’s about creating a foundation for your family’s future. If your current home no longer fits the bill, it might be time to make the decision to move on.
At BTB Home Loans, we’re here to help you navigate today’s market with clarity and purpose. Whether you’re considering a move, a refinance, or simply exploring your options, it starts with education—understanding the numbers, knowing what’s possible, and creating a plan that aligns with your priorities.
At the end of the day, your home is more than a mortgage rate—it’s where life happens. Making the bold decision to chase the life you’ve dreamed of isn’t easy, and sometimes you have to burn the boats to get there.
BTBHomeLoans.com | @btbhomeloans