Homebuyers Stay Engaged Despite Changing Mortgage Rates

Mortgage rates hovering around 7% continue to shape the housing market’s landscape. We’re seeing contract signings dip 4.7% compared to last year, a clear sign that many buyers are pausing as affordability gets squeezed. Home prices themselves aren’t moving in lockstep—some regions are seeing increases, others are holding steady. Having navigated volatile markets from London to Asia in my previous financial career, I recognize the power that rates have over buyer sentiment and decision-making. In this environment, clarity and strategy matter more than ever, and I’m committed to helping my clients understand the nuances behind these numbers so they can act with confidence.