{"id":43,"date":"2026-10-15T12:00:00","date_gmt":"2026-10-15T12:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/rayfernandezsilva-com\/2026\/10\/15\/bargain-hunting-with-rates-above-7\/"},"modified":"2026-10-15T12:00:00","modified_gmt":"2026-10-15T12:00:00","slug":"bargain-hunting-with-rates-above-7","status":"publish","type":"post","link":"https:\/\/www.rayfernandezsilva.com\/blog\/2026\/10\/15\/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\/ramon-fernandez-silva-467539\/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>In a market where mortgage rates remain above 7%, many in Southern California are wondering how best to approach their home search. Higher Treasury yields have kept borrowing costs elevated, making affordability a central concern for those planning their next move. Recent studies recommend that buyers anticipate possible rate increases\u2014a half-point within three months, three-quarters within six, and a full point over the next year\u2014so building a rate cushion into your strategy is wise.<\/p>\n<p>One noteworthy trend: buyers who wait until later in the year often gain valuable leverage. Historically, homes in early Q4 have sold for about 5% less than those in late Q2, with less competition and more room to negotiate. Last month\u2019s inventory\u2014about a five-month supply\u2014also tipped the scale toward buyers, offering more bargaining power on price, closing costs, and even options like discount points or temporary rate buydowns.<\/p>\n<p>As the market absorbs expectations of further Fed tightening, the long-term goal remains: taming inflation to eventually ease mortgage costs. My approach has always centered on helping clients understand these shifts and crafting a plan that puts them in the strongest position\u2014whether buying, selling, or investing. If you\u2019re considering your next step, let\u2019s make sure your strategy is informed and your goals are clear.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a market where mortgage rates remain above 7%, many in Southern California are wondering how best to approach their home search. Higher Treasury yields have kept borrowing costs elevated, making affordability a central concern for those planning their next move. Recent studies recommend that buyers anticipate possible rate increases\u2014a half-point within three months, three-quarters [&hellip;]<\/p>\n","protected":false},"author":278,"featured_media":44,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-43","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/posts\/43","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/users\/278"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/comments?post=43"}],"version-history":[{"count":0,"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/posts\/43\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/media\/44"}],"wp:attachment":[{"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/media?parent=43"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/categories?post=43"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rayfernandezsilva.com\/blog\/wp-json\/wp\/v2\/tags?post=43"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}