✉news EnvironmentOceans first seen 5 h ago, last 21 min ago, peak #12
Ocean Springs broker says homebuyers still hold leverage as rates top 7%
Original: Ocean Springs broker says homebuyers still have leverage as mortgage rates top 7%
A real estate broker in Ocean Springs, Mississippi, argues that homebuyers still have negotiating power despite mortgage rates climbing above 7%. The claim comes as buyers face some of the highest borrowing costs in decades, and the broker suggests slower market conditions are giving purchasers room to push on price and terms even with expensive financing.
Why now: Mortgage rates topping 7% are renewing debate about whether it is a buyer's or seller's housing market.
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