Is Your 3% Mortgage Rate Holding You Back from What You Really Need?
It’s no secret—many homeowners have been holding off on moving because they’re attached to their ultra-low mortgage rates. If you’ve got a 3% interest rate, it probably feels impossible to give that up. But here’s the reality: life doesn’t always wait for the perfect rate.
Even with an ideal mortgage, many people in areas like Tacoma, Auburn, or Sumner are realizing their current homes no longer meet their needs—whether that’s because of space, accessibility, or simply being too far from loved ones.
Real-Life Needs Are Overriding Mortgage Math
Recent data shows that more and more homeowners are finally making the move—even if it means taking on a higher rate. Why? Because they’re prioritizing lifestyle over low-interest nostalgia.
A survey from Realtor.com reveals that 79% of today’s sellers are moving because they have to, not because they want to. Most of those reasons have nothing to do with finances and everything to do with life.
Why Are Homeowners Moving in 2025?
Here are the most common motivators behind the decision to sell—even with higher rates:
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You’ve Outgrown the Space: Maybe your family has grown, or you’re working remotely now and need a proper home office. In booming areas like Puyallup or Bonney Lake, extra space is more than a want—it’s a necessity.
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You Need to Downsize: Empty nesters in places like Des Moines or Normandy Park are realizing it’s time to simplify. Less space, less maintenance, and lower bills are becoming increasingly appealing.
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You Want to Be Near Loved Ones: Whether it’s aging parents in SeaTac or grandchildren in Lake Tapps, being close to family is one of the strongest motivators for a move.
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Life Has Changed: New relationships, separations, or a job relocation may mean it’s time for a fresh start—and a new zip code.
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Your Career Is Calling: A great opportunity in Burien or nearby may require a change of address—and that’s okay.
What About Waiting for Rates To Drop?
Sure, mortgage rates are expected to ease slightly this year—but experts don’t foresee any major drops. That coveted 3% rate? It’s not coming back anytime soon.
So, if you’ve been thinking about moving for over a year (like nearly 2 out of 3 potential sellers, according to Realtor.com), it may be time to stop waiting and start living in a home that fits where your life is headed—not where it was years ago.
Bottom Line
It’s not just about interest rates. It’s about lifestyle, space, connection, and moving forward. If you’re starting to feel like your current home no longer supports the life you want, maybe now is the right time to sell.
Explore what’s possible in the South Puget Sound market today. Check out your options with a trusted local expert at Your Real Estate Story.
