{"id":9655,"date":"2026-06-04T13:00:00","date_gmt":"2026-06-04T20:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9655"},"modified":"2026-06-04T13:00:00","modified_gmt":"2026-06-04T20:00:00","slug":"homebuyers-return-despite-higher-mortgage-rates","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/homebuyers-return-despite-higher-mortgage-rates\/","title":{"rendered":"Homebuyers Return Despite Higher Mortgage Rates"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/lisa-miller-2\/homebuyers-mortgage-applications\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Purchase mortgage applications \u21914% from the prior period and \u21917% yearly, showing buyers re-engaging despite higher borrowing costs across major loan types.<br \/>\nTotal mortgage application volume \u2191~2% for the May 8 period, while 30-yr fixed rates reached the mid-6% range, their highest recent reading.<br \/>\nContext matters: the buyer rebound followed a softer spring start, when demand paused amid economic uncertainty and market volatility for some shoppers.<br \/>\nConforming and jumbo mortgage rates both sat in the mid-6% range, while government-backed loans were near 6% and 15-yr fixed rates stayed below that.<br \/>\nRefinance applications \u21931% from the prior period but remained \u219128% yearly; refinance share landed at ~41% of total applications in current data.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Purchase mortgage applications \u21914% from the prior period and \u21917% yearly, showing buyers re-engaging despite higher borrowing costs across major loan types. Total mortgage application volume \u2191~2% for the May 8 period, while 30-yr fixed rates reached the mid-6% range, their highest recent reading. Context matters: the buyer rebound followed a softer spring start, when [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-9655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2vJ","jetpack-related-posts":[{"id":9943,"url":"https:\/\/lisamillerpllc.com\/staging\/us-mortgage-rates-hold-mid-6\/","url_meta":{"origin":9655,"position":0},"title":"US Mortgage Rates Hold Mid-6%","author":"admin","date":"September 2, 2026","format":false,"excerpt":"In Mid-Q3, the avg. 30-yr fixed rate sat near 7%, and an expert expected near-term borrowing costs to stay in the mid-6% range. Across major forecasts, analysts expected the 30-yr fixed rate to remain ~6% to mid-6% through 2028, with no return to much lower ranges. For buyers, waiting on\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/09\/mortgage-rate-forecast-predictions-for-the-housing-market-through-2028-c128_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9540,"url":"https:\/\/lisamillerpllc.com\/staging\/us-spring-listings-rise-buyers-lag\/","url_meta":{"origin":9655,"position":1},"title":"US Spring Listings Rise, Buyers Lag","author":"admin","date":"May 14, 2026","format":false,"excerpt":"Across the US, new listings \u21913% yearly in the 4 weeks ending April 19, the biggest gain since Late-Fall, while pending sales \u21931.2% yearly. Lower mortgage rates helped activity: avg.\u00a030-yr fixed fell to low-6%. Even so, the current spring buying season started slowly. Sale prices \u21912% yearly, rates stayed above\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/homeowners-listing-homes-spring_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9934,"url":"https:\/\/lisamillerpllc.com\/staging\/us-buyers-navigate-low-6-rate-outlook\/","url_meta":{"origin":9655,"position":2},"title":"US Buyers Navigate Low-6% Rate Outlook","author":"admin","date":"August 31, 2026","format":false,"excerpt":"An industry group projected the 30-yr fixed mortgage rate would hold in the low-6% range through the rest of 2026 nationally for buyers. That outlook suggested borrowing costs would stay elevated, continuing to compress affordability for US households shopping the new-home market in the balance of 2026. Entry-level buyers faced\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/08\/new-home-sales-edge-up-but-the-year-over-year-gap-widens-d60f_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9755,"url":"https:\/\/lisamillerpllc.com\/staging\/us-starter-homes-cross-1m-mark\/","url_meta":{"origin":9655,"position":3},"title":"US Starter Homes Cross $1M Mark","author":"admin","date":"July 8, 2026","format":false,"excerpt":"A Real Estate portal counted 242 US cities where starter homes now top $1M, compared with 226 in the yearly comparison period. The $1M-starter-home footprint is >3x its Early-Q1 2020 level, and >half of US states now include at least one such city overall. Pandemic-era price gains followed limited supply,\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/expensive-starter-homes_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8831,"url":"https:\/\/lisamillerpllc.com\/staging\/mortgage-rate-forecast-mid-q3-to-late-q4-2025\/","url_meta":{"origin":9655,"position":4},"title":"Mortgage Rate Forecast: Mid-Q3 to Late-Q4 2025","author":"admin","date":"October 9, 2025","format":false,"excerpt":"Mortgage rates are forecasted to gradually decline from around 6.7% in August to approximately 6.3%-6.5% by December 2025. Leading experts like NAR and Fannie Mae predict rates will stay steady in the mid-6% range with no major drops below 6%. The gradual easing is driven by expected Federal Reserve policy\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2025\/10\/forecast-mid-late_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9447,"url":"https:\/\/lisamillerpllc.com\/staging\/geopolitical-jitters-sticky-inflation-push-mortgage-rates-higher-in-2026\/","url_meta":{"origin":9655,"position":5},"title":"Geopolitical Jitters &#038; Sticky Inflation Push Mortgage Rates Higher in 2026","author":"admin","date":"April 13, 2026","format":false,"excerpt":"Average 30-year fixed rates expected 6.22%\u20136.50%, driven by geopolitical conflict and inflation at 2.7%. Mortgage rates remain elevated despite Fed holding benchmark at 3.50%\u20133.75%. National home price growth slows to 0%\u20132.2%, reflecting high borrowing costs. Higher rates give buyers more leverage, with longer market times and increased concessions.","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/04\/geo-inflation-push_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/homebuyers-mortgage-applications_share.jpg?fit=496%2C279&ssl=1","_links":{"self":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/comments?post=9655"}],"version-history":[{"count":1,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9655\/revisions"}],"predecessor-version":[{"id":9658,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9655\/revisions\/9658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media\/9656"}],"wp:attachment":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media?parent=9655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/categories?post=9655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/tags?post=9655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}