How Are Americans Still Buying Homes at 7% Rates

Mortgage rates near 7% were supposed to freeze the housing market. Yet people are still buying homes. How? In this video, we look at who is actually buying at these rates and how they make it work: bigger down payments from home equity, all-cash buyers, help from family, rate buydowns and seller concessions, adjustable-rate loans, and longer budgets stretched to fit a higher payment. We also cover who is getting priced out, and what a 7% rate really does to your monthly payment. What we cover: What a 7% rate does to a monthly payment Who is still buying: equity-rich movers and cash buyers Family help and gifted down payments Rate buydowns and seller concessions Adjustable-rate mortgages and refinance-later bets Who is being priced out of the market What it means if you're thinking of buying Disclaimer: This video is for educational purposes only and is not financial advice. Results depend on your location, income, and market conditions. Consult a licensed financial advisor or mortgage professional before making financial decisions. Subscribe for more plain-English breakdowns of how money really works. #MortgageRates #HomeBuying #HousingMarket #PersonalFinance #RealEstate