Hi Reba, According to experts, there are low chances of further rate cuts. Even if there are any, they will be very minimal. If you already zeroed in on a home, it might be better to opt for a Home Loan right away. If you choose a floating rate Home Loan, you can ask your bank for lower rates when interest rates drop. However, you might have to pay conversion fees if you want lower rates once your lender has cut their prime lending rate. Check with the lender regarding this before going in for a loan. If you’d like to compare rates across lenders, click here – https://www.bankbazaar.com/home-loan.html.