{"id":85,"date":"2026-10-14T10:00:00","date_gmt":"2026-10-14T10:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/drhomesrealtor-com\/2026\/10\/14\/bargain-hunting-with-rates-above-7\/"},"modified":"2026-10-14T10:00:00","modified_gmt":"2026-10-14T10:00:00","slug":"bargain-hunting-with-rates-above-7","status":"publish","type":"post","link":"https:\/\/www.drhomesrealtor.com\/blog\/2026\/10\/14\/bargain-hunting-with-rates-above-7\/","title":{"rendered":"Bargain Hunting With Rates Above 7%"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/kyle-lubsen\/bargain-hunting-mortgage-remotion-videos-a922\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>With mortgage rates holding above 7%, I know many folks in Shelby and Jefferson Counties are feeling the pressure as they plan their next move. The recent rise in Treasury yields has nudged borrowing costs even higher, so affordability is front and center for just about everyone I speak with. If you\u2019re strategizing your timing, here\u2019s something I always share: a recent study suggests building a &#039;rate cushion&#039;\u2014that means preparing for a possible half-point rate change in the next 3 months, three-quarters within 6 months, and a full point in a year.<\/p>\n<p>I\u2019ve found buyers later in the year often gain an edge\u2014homes were typically about 5% less expensive in early Q4 compared to late Q2, and with fewer competing buyers, there\u2019s more room and time to negotiate. Last month\u2019s five-month supply meant stronger bargaining power, whether you\u2019re negotiating price, closing costs, discount points, or even temporary rate buydowns.<\/p>\n<p>If you\u2019re still waiting for the right moment, know that while markets have recently adjusted for the Fed\u2019s moves, the bigger picture is about steadying inflation\u2014which could eventually ease mortgage costs. My approach is always centered on patience and clear guidance, because finding the right home is about more than just numbers\u2014it\u2019s about what fits your life best.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With mortgage rates holding above 7%, I know many folks in Shelby and Jefferson Counties are feeling the pressure as they plan their next move. The recent rise in Treasury yields has nudged borrowing costs even higher, so affordability is front and center for just about everyone I speak with. If you\u2019re strategizing your timing, [&hellip;]<\/p>\n","protected":false},"author":117,"featured_media":86,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-85","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/85","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/users\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/comments?post=85"}],"version-history":[{"count":0,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/85\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/media\/86"}],"wp:attachment":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/media?parent=85"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/categories?post=85"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/tags?post=85"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}