09/16/2026
Mortgage Rates Went Up. Should You Put Your Home Search on Hold?
When rates rise, some buyers step back. And that can create opportunities for those who stay in the market:
• Less buyer competition
• More negotiating power on some homes
• Price reductions to consider
• Potential seller-paid closing costs or rate buydowns
• More time to make a thoughtful decision
And for sellers, serious buyers are still out there — but pricing and presentation matter more than ever.
The best time to buy or sell isn’t determined by one number. It’s about looking at the whole picture and deciding what makes sense for your situation. Lenders offer a variety of loan programs, down payment options, and financing strategies that can help make buying a home more affordable than you may think.
If you're wondering what the changing market means for you here in Central Oregon, I’m always happy to talk it through — no pressure.