{"id":85,"date":"2026-10-18T11:00:00","date_gmt":"2026-10-18T11:00:00","guid":{"rendered":"https:\/\/www.jhickmanbroker.com\/blog\/?p=85"},"modified":"2026-10-18T11:00:00","modified_gmt":"2026-10-18T11:00:00","slug":"mortgage-rates-are-topping-7-but-heres-why-it-might-be-prime-time-for-first-time-buyers","status":"publish","type":"post","link":"https:\/\/www.jhickmanbroker.com\/blog\/2026\/10\/18\/mortgage-rates-are-topping-7-but-heres-why-it-might-be-prime-time-for-first-time-buyers\/","title":{"rendered":"Mortgage rates are topping 7%\u2014but here&#8217;s why it might be prime time for first-time buyers"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>While mortgage rates are holding above 7%, I\u2019m seeing a shift in the starter-home market that could work in favor of first-time buyers. More homes are coming onto the market, and we\u2019re seeing price reductions and far fewer bidding wars. That means buyers have more leverage at the negotiating table. Even with rates remaining high, there are opportunities to secure seller concessions\u2014something we haven\u2019t seen much of in recent years. On the luxury side, demand is still running strong, but entry-level properties are taking a bit longer to sell. In my experience helping buyers structure their loans, these kinds of market changes can open up ways to maximize cash flow and make the process less stressful, especially if you\u2019re weighing your first purchase. It\u2019s all about finding the right fit for your financial goals, even in a shifting market.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/creators.yahoo.com\/lifestyle\/story\/the-housing-market-is-finally-giving-first-time-buyers-a-break-120000793.html\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>While mortgage rates are holding above 7%, I\u2019m seeing a shift in the starter-home market that could work in favor of first-time buyers. More homes are coming onto the market, and we\u2019re seeing price reductions and far fewer bidding wars. That means buyers have more leverage at the negotiating table. Even with rates remaining high, [&hellip;]<\/p>\n","protected":false},"author":469,"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.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/posts\/85","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/users\/469"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/comments?post=85"}],"version-history":[{"count":1,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/posts\/85\/revisions"}],"predecessor-version":[{"id":87,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/posts\/85\/revisions\/87"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/media\/86"}],"wp:attachment":[{"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/media?parent=85"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/categories?post=85"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/tags?post=85"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}