Buyers should compare a range of mortgage options including 30-year fixed, 15-year fixed, and adjustable-rate mortgages, focusing on interest rates, total annual percentage rate (APR), and loan terms. It's critical to get fully underwritten pre-approval and model payments assuming rates rise by zero point five percent to understand future costs. Also, inquire about float-down lock options that allow rate adjustments if rates fall before closing. Comparing these factors helps buyers choose loans matching their budget and risk tolerance, setting realistic expectations in the six percent rate environment.