Bargain Hunting With Rates Above 7% | “Your dream home, guided by a local team you can trust.”

With mortgage rates holding above 7% and the market watching closely for the Fed’s next steps, many future homeowners are feeling the squeeze on affordability. At KC Mortgage Duo, we’ve seen how higher Treasury yields can affect borrowing costs—but also how being informed can strengthen your position. A recent study suggests that if you’re planning to buy, it’s smart to prepare for possible rate changes: think about a half-point shift within 3 months, three-quarters by 6 months, and up to a full point by the end of the year. Interestingly, buyers who waited until later in the year often found more room to negotiate, with typical home prices about 5% lower in early Q4 compared to late Q2, and less competition in the market. Last month’s supply hovered around 5 months, which meant more leverage for buyers—not just on price, but also on closing costs, discount points, or temporary rate buydowns. While markets are still expecting additional Fed tightening, the hope is that easing inflation might help bring mortgage costs down in the future. We’re here to help you navigate these ups and downs with transparency and care—because at the end of the day, our mission is to support your journey to homeownership with the guidance you deserve.