Thinking About Moving … but Glued to Your 3 Percent Rate in Dallas-Fort Worth?

If you own a home in Dallas-Fort Worth, you’ve probably had this thought at least once while scrolling Zillow in your pajamas:

“I’d move… but I don’t want to let go of my 3 percent rate.”

Totally fair. That low rate has been one of your biggest wins. You might even brag about it like it’s a family heirloom. But here’s the thing most people forget:

“A great rate can’t fix a home that no longer fits your life.”

When your space stops working, the rate becomes the least exciting part of the story. And you’re not alone in feeling this tug-of-war between comfort and change.

The Lock-In Effect Is Finally Starting to Melt

Economists call it the lock-in effect. That’s when homeowners stay put simply to protect a low mortgage rate. It has kept millions of people frozen in place, like a real estate version of musical chairs with no music.

But something interesting is happening. The Federal Housing Finance Agency (FHFA) is showing early signs that people are moving again. Slowly, but surely, more buyers are taking on higher rates.

Here’s why that matters:

“The share of mortgages above 6% just hit a 10-year high.”

That doesn’t mean people love paying more. It means more of them have finally decided they can’t press pause on life forever.

Why Would Anyone Move If It Means Paying a Higher Rate?

Short answer: life refuses to wait.

Families grow. Jobs change. People relocate to be closer to someone they love-or farther from someone they don’t. And a house that once felt perfect might now feel like trying to live inside a shoebox or a museum. Either too small to breathe in or too big to maintain.

Chen Zhao, Head of Economic Research at Redfin, put it perfectly:

“People are moving again because life keeps moving.”

New jobs. Growing families. Retirement. New phases. New needs. A low rate can’t solve those changes.

The 5 D Motivators Behind Most Moves

Your neighbors call these major life shifters the 5 Ds. You might recognize yourself in one of them:

Diplomas

Earning more money after graduating can open doors to a bigger space, a different location, or finally getting the features you once dreamed of.

Diapers

Adding a tiny human means adding space: bedrooms, storage, a yard, and breathing room.

Divorce

Sometimes a fresh start comes with a new set of keys.

Downsizing

When the kids move out, so does the need for all that extra square footage.

Death

Loss reshapes priorities. Being closer to family often matters more than keeping a low rate.

Are You Pressing Pause on Your Life Too?

Realtor.com reports that nearly two out of three potential sellers have been thinking about moving for more than a year.

That’s a long time to sit in a waiting room that no longer serves you.

Homeowners are realizing something important:

“Staying put might feel safe, but it can also hold your life hostage.”

Meanwhile, mortgage rates have already dropped from their peak, and experts expect a gentle dip in 2026. Combine that with a real need for a better living situation, and suddenly, moving doesn’t feel impossible anymore.

The Actual Question Isn’t “Should I Move?”

A better question is:

“How long am I willing to live somewhere that no longer fits my life?”

Your rate helped you once. Your future can help you next.

Bottom Line: Life Doesn’t Wait for the Perfect Rate

You might not time the bottom of the market. Nobody does. But you can choose a home that supports the life you’re living right now.

Rates have eased from their peak

They’re expected to soften more in 2026

And the reasons people move are real and important

If you’re even a little curious about your options, the smartest next step is simple.

Connect with The Templeton Real Estate Group.

With 100+ YTD sales, 6,000+ lifetime transactions, strong annual volume, and over 390 verified five-star reviews across Google and Zillow, they bring the kind of track record you want on your side.

A conversation is free. Living in a home that no longer fits you is not.