Mortgage rates continue to be one of the most important drivers of real estate activity, and as we move through February 2026, they are creating both opportunity and strategic advantage for buyers and sellers across Northern Virginia and the whole DMV.

With 30-year mortgage rates currently hovering just above 6%, today’s environment represents a more stable and predictable landscape compared to the volatility of recent years. While rates remain higher than the historic lows of 2020–2021, they are now within a range that allows confident, strategic decision-making. And in Northern Virginia, strategy is everything.

Why Mortgage Rates Matter More in Northern Virginia

Northern Virginia remains one of the most resilient and desirable housing markets in the United States. Strong employment, proximity to Washington, DC, and limited housing supply continue to drive long-term home value growth. (**Here is my normal caveat: Real Estate is hyper local, some areas, neighborhoods , and even price points may sell better than others)

Mortgage rates directly influence affordability — and even small changes can have meaningful impact.

For example:

• A 1% rate change can impact buying power by 10% or more
• Lower rates increase competition and home prices
• Stable rates create confidence and unlock more market activity

This is especially true in high-demand areas like Vienna, McLean, Arlington, Fairfax, and Reston.

What This Means for Buyers

Today’s market presents a unique window of opportunity for prepared buyers.

While rates are not at historic lows, competition remains manageable compared to the extreme sellers market of previous years. This gives buyers a few more options, and the ability to make smarter long-term investments.

Many buyers are also using smart strategies such as:

• Negotiating home inspection contingencies
• Planning future refinancing opportunities
• Locking in homes before future rate declines increase competition

The reality is simple: when rates eventually fall further, competition will increase — and prices will rise all across the DMV. Smart buyers act before that happens.

What This Means for Sellers

For sellers, the Northern Virginia market remains extremely strong. Serious buyers are still actively searching, especially for well-prepared homes that show well and are priced correctly. Low inventory continues to support home values, and properly marketed homes are still receiving strong offers. (**An experianced agent and team that puts the time into good marketing stratagy is a must)

The key difference today is preparation.

Homes that are properly positioned — professionally marketed, strategically priced, and move-in ready — are performing exceptionally well.

What This Means for Homeowners

Many homeowners are also exploring refinancing, investment opportunities, or strategic moves based on their long-term financial goals.

Real estate remains one of the most powerful tools for building long-term wealth, and market shifts often create new opportunities for those who are informed and prepared.

The Most Important Takeaway: Strategy Wins

Mortgage rates will always move. Markets will always shift. But the most successful buyers and sellers focus on strategy — not timing headlines.

Northern Virginia continues to be a long-term growth market with strong fundamentals, and those who approach it with a clear plan consistently win.

Your Next Move

If you are considering buying, selling, refinancing, or simply planning ahead, the most valuable step you can take is understanding your options. At J Group Realty, we help our clients build clear, personalized strategies based on their goals, timing, and the realities of the Northern Virginia market. Because real estate isn’t just about today’s rate. It’s about your long-term financial future.

If you’d like to discuss your options, we’re here to help, fill out this form and will will give you a ring!