{"id":113,"date":"2026-10-14T13:00:00","date_gmt":"2026-10-14T13:00:00","guid":{"rendered":"https:\/\/www.jimychavarria.com\/blog\/?p=113"},"modified":"2026-10-14T13:00:00","modified_gmt":"2026-10-14T13:00:00","slug":"bargain-hunting-with-rates-above-7","status":"publish","type":"post","link":"https:\/\/www.jimychavarria.com\/blog\/2026\/10\/14\/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\/jimy-chavarria\/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>With mortgage rates sticking above 7%, many in Baltimore are feeling the weight of higher borrowing costs and wondering how to make the numbers work. As someone who helps buyers at every stage\u2014first-timers, investors, new arrivals, and longtime residents alike\u2014I know these moments can feel uncertain. A recent study offers a smart strategy: if you\u2019re planning ahead, consider building a rate cushion\u2014think about budgeting for a half-point increase over 3 months, three-quarters by 6 months, and a full point within a year.<\/p>\n<p>There\u2019s a silver lining, though. Buyers in the later months of the year often find that typical home prices drop about 5% from late spring to early fall, with fewer folks competing and more space to negotiate. Last month, with around a 5-month supply of homes, buyers gained more leverage\u2014whether that means negotiating on price, closing costs, or even exploring options like discount points or temporary rate buydowns.<\/p>\n<p>If you\u2019re still weighing your options, recent market moves suggest the Fed may tighten further, but the long game is still cooling inflation\u2014which could bring mortgage costs down in the future. Baltimore\u2019s market keeps shifting, and having a clear-eyed plan makes all the difference.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With mortgage rates sticking above 7%, many in Baltimore are feeling the weight of higher borrowing costs and wondering how to make the numbers work. As someone who helps buyers at every stage\u2014first-timers, investors, new arrivals, and longtime residents alike\u2014I know these moments can feel uncertain. A recent study offers a smart strategy: if you\u2019re [&hellip;]<\/p>\n","protected":false},"author":186,"featured_media":114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/posts\/113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/comments?post=113"}],"version-history":[{"count":1,"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/posts\/113\/revisions"}],"predecessor-version":[{"id":115,"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/posts\/113\/revisions\/115"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/media\/114"}],"wp:attachment":[{"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/media?parent=113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/categories?post=113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jimychavarria.com\/blog\/wp-json\/wp\/v2\/tags?post=113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}