09/08/2026
➡️What This Means for Buyers and Sellers
📍For Buyers
- Higher rates mean a higher monthly payment for the same loan amount, so it's worth running updated numbers with a lender before house hunting.
- Rising inventory gives you more room to negotiate on price, closing costs, or repairs.
- Ask about temporary rate buydowns or adjustable-rate options if you plan to refinance later.
📍For Sellers
- With more competition from other listings, pricing realistically from day one is more important than ever.
- Buyers are more rate-sensitive right now, so offering concessions like rate buydowns can help close deals faster.
- Homes that are priced and staged well are still moving. It's overpriced listings that are sitting.
Should You Lock In Your Rate Now? More here: https://www.mortgagesbysasha.com/financing-blog/mortgage-rates-hit-a-one-year-high-what-it-means-for-homebuyers-this-fall