Mortgage rates just crossed 7 percent for the first time since January 2025.
That's 7.03 percent as of this week.
And experts say they're not done climbing.
A jump from 6.5 to 7 percent adds over $125 to your monthly payment on a median priced home. That's real money every single month.
The 10 Year Treasury yield hit a 19 year high this week at 5.11 percent. Oil is over $100 per barrel. Diesel is at $6.51. All of it is pushing rates higher and squeezing buyer budgets.
Here's what that looks like in real numbers. At 7.5 percent you can afford $286K. Drop to 6.5 percent and you reach $316K. That's a $30K swing in buying power.
Sales already hit their 2026 low in August before this rate spike even happened.
But here's the thing. I'm still helping buyers win in this market. There are strategies that work even when rates feel impossible.
DM me directly and I'll show you exactly how we can move forward together.
