It’s Not About The Rate—It’s About Your Rate
We hear it every week:
🗞 “Rates are at 7%!”
😟 “We’re just going to wait until they come down…”
But here’s what the headlines leave out: the rate you see on the news isn’t necessarily the rate you’ll pay. At least, not when you work with a team that knows how to play the current market.
At The Olson Group, we’ve helped Northern Nevada buyers lock in rates in the low 6s and even high 5s—yes, in this market—using a smart strategy:
👉 Negotiating seller credits to buy down your rate.
Most Buyers Don’t Know This Trick—But Smart Buyers Do
If you’re only hearing “7% interest rates,” you’re missing the full picture.
Many sellers in today’s market are willing to offer $10,000–$25,000+ in credits—and when used right, those funds can drastically reduce your monthly payment.
Here’s how:
You use the credit to buy down your interest rate, either permanently or temporarily.
You can also apply some of it toward closing costs or prepaid items, reducing your out-of-pocket cash.
The result? You’re in the home you want, with a more affordable monthly payment—and sometimes without even increasing your offer price.
Real Stories from Our Buyers
🎯 Bobbi Buyer – Turned a Tough Market into a Win
Bobbi was approved for $400K with just $5,000 saved and a 7.25% rate. That seemed out of reach… until we got creative.
We found a home that had been sitting for 15 weeks and negotiated a 6% seller credit—enough to cover all of Bobbi’s closing costs and buy her interest rate down from 7.25% to 6.25% permanently.
Her payment dropped significantly, and she didn’t have to stretch her budget to compete with over-asking offers. That’s the power of working with an agent who understands both the market and lending.
🎯 VA Buyer – Locked in 5.99% with Zero Down
One of our VA buyers wanted to purchase with no money down, but was concerned about high rates.
We negotiated a $15,000 seller credit on a home in Sparks. Using that credit, we:
Bought down their mortgage rate to 5.99% permanently
Covered most of their closing costs
They moved in with almost no money out of pocket and a monthly payment that was hundreds less than expected. That’s a win.
🎯 Frankie Firstime – Used Free Money + Seller Credits
Frankie didn’t have much saved and couldn’t rely on seller contributions in a hot neighborhood. Instead, we used a state grant program (HomeNow!) to get 5% in down payment assistance.
But when the inspection revealed a 20-year-old furnace, we didn’t just shrug—we negotiated a $7,500 seller credit to help cover a future replacement.
No bidding wars. No unnecessary stress. Just smart teamwork.
You Don’t Need to Wait for Rates to Drop
What you do need is a smart agent, a great lender, and a strategy that’s tailored to your financial situation—not whatever the media is saying this week.
The truth? You have more control than you think.
Because while no one controls “the rate,” you can absolutely control your rate—and the right agent can show you how.
Let’s Talk About Your Rate
If you're waiting for 5% rates to come back… they already have. You just need the right combination of market savvy and negotiation power.
📞 Call The Olson Group at 775-204-4847.
We’ll show you real options based on today’s market, and help you build a custom path to homeownership—no matter the headlines.
