The mortgage market is buzzing as the 10-year Treasury note dips below 4%, keeping rates at their lowest in a year. With average 30-year fixed rates at 6.13% and 15-year at 5.72%, it's a ripe time for potential buyers. But despite favorable rates, the housing rush isn’t quite here yet. Kristen Ambos dives into why now might be the time to buy, highlighting the importance of equity amidst $7 trillion in unsecured debt. She exposes the pitfalls of misleading loan offers and emphasizes the need for financial literacy in navigating refinancing, debt management, and leveraging home equity smartly.