IAMS Wealth Management

True or false: Americans in March 2026 are applying for fewer mortgages than they were during the Great Recession.

True. And it's not even close.

96 OF THE 100 LOWEST NUMBER OF WEEKLY MORTGAGE APPLICATIONS SINCE 1999 HAVE HAPPENED IN THE LAST 3 YEARS! (according to the Mortgage Bankers Association's Mortgage Application Index)

Yet, unemployment today is a fraction of what it was during the financial crisis.

People aren't staying out of the market because they can't qualify. The market feels gridlocked. Here's why. 👇

1️⃣ Millions of homeowners locked in around 3 percent during the pandemic. Selling means giving that up that rate for another mortgage that may have a higher interest rate. So they're not moving.

2️⃣ If existing owners aren't selling, inventory can become thin, prices might stay elevated, and buyers wait for something to change.

3️⃣ Most are waiting for rates to drop. But when they do, demand may pick up, competition returns, and that window closes faster than expected.

Here's the truth about market timing: it almost never works the way people picture it.

The better question isn't "When is the right time to buy?" It's "Am I financially ready to move when the right opportunity comes?" 📋

That's a wrap! After days of learning, collaboration, and meaningful conversations, it’s the perfect time to relax, reflect, and celebrate the relationships built along the way. We’re grateful for every advisor who joined us and made this event so memorable.

Here’s to continued success, lasting connections, and seeing everyone again soon!