{"id":9800,"date":"2026-07-22T09:00:00","date_gmt":"2026-07-22T16:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9800"},"modified":"2026-07-22T09:00:00","modified_gmt":"2026-07-22T16:00:00","slug":"phoenix-buyers-may-be-overpaying-mortgages","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/phoenix-buyers-may-be-overpaying-mortgages\/","title":{"rendered":"Phoenix Buyers May Be Overpaying Mortgages"},"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-overpay-mortgage-remotion-videos-b551\"\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>A new US analysis found nearly nine in 10 homebuyers paid more than necessary because they did not secure the most competitive mortgage offer.<br \/>\nThe typical borrower spent &gt;$3.3K extra each yr, and over a 30-yr loan that gap reached ~$78K in added mortgage costs overall.<br \/>\nFor many buyers in recent years, an expert said the issue was widespread, creating a $65B yearly drain on American household wealth.<br \/>\nThat extra spending could have gone toward credit card payoff, retirement savings, or education costs, highlighting why buyers benefit from comparing mortgage options carefully.<br \/>\nExperts advised gathering multiple quotes on the same day and including lender fees, so buyers can make a cleaner apples-to-apples mortgage comparison.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new US analysis found nearly nine in 10 homebuyers paid more than necessary because they did not secure the most competitive mortgage offer. The typical borrower spent &gt;$3.3K extra each yr, and over a 30-yr loan that gap reached ~$78K in added mortgage costs overall. For many buyers in recent years, an expert said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9801,"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-9800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2y4","jetpack-related-posts":[{"id":9655,"url":"https:\/\/lisamillerpllc.com\/staging\/homebuyers-return-despite-higher-mortgage-rates\/","url_meta":{"origin":9800,"position":0},"title":"Homebuyers Return Despite Higher Mortgage Rates","author":"admin","date":"June 4, 2026","format":false,"excerpt":"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\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\/06\/homebuyers-mortgage-applications_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9943,"url":"https:\/\/lisamillerpllc.com\/staging\/us-mortgage-rates-hold-mid-6\/","url_meta":{"origin":9800,"position":1},"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":9934,"url":"https:\/\/lisamillerpllc.com\/staging\/us-buyers-navigate-low-6-rate-outlook\/","url_meta":{"origin":9800,"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":9540,"url":"https:\/\/lisamillerpllc.com\/staging\/us-spring-listings-rise-buyers-lag\/","url_meta":{"origin":9800,"position":3},"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":9650,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-buyers-plan-for-hoa-fees\/","url_meta":{"origin":9800,"position":4},"title":"Phoenix Buyers: Plan for HOA Fees","author":"admin","date":"June 1, 2026","format":false,"excerpt":"In Phoenix, HOA dues can shape long-term affordability alongside purchase price and mortgage rates, especially because they are less predictable than fixed payments. HOA boards can usually raise dues without every resident voting, so buyers should understand governance, bylaws, and decision-making before committing to a home. Board experience can vary,\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\/phoenix-buyers-hoa_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9946,"url":"https:\/\/lisamillerpllc.com\/staging\/existing-home-sales-slip\/","url_meta":{"origin":9800,"position":5},"title":"Existing Home Sales Slip","author":"admin","date":"September 3, 2026","format":false,"excerpt":"US existing-home sales slipped 1.7% in Early-Q3 to a 4.06M annual pace, slightly above economists' expectations and still \u21910.7% on a yearly basis. Median existing-home prices reached a record for Early-Q3 at $434.1K, while the benchmark 30-yr fixed mortgage rate climbed near 7%, highest in >1 yr. Inventory stayed tight\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\/us-existing-home-sales-fall-17-amid-record-prices-remotion-videos-7491_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\/07\/homebuyers-overpay-mortgage-remotion-videos-b551_share.jpg?fit=496%2C279&ssl=1","_links":{"self":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9800","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=9800"}],"version-history":[{"count":1,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9800\/revisions"}],"predecessor-version":[{"id":9802,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9800\/revisions\/9802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media\/9801"}],"wp:attachment":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media?parent=9800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/categories?post=9800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/tags?post=9800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}