The 7% Mortgage Rate Paradox: Buyers Gain Leverage but Lose $22K in Purchasing Power

A finance story from the U.S., reported by Realtor.com News.

Finance · the U.S. · October 19, 2026

By HeyHomees Newsroom · October 19, 2026

What we said on air

Beyond California, Mortgage rates topping seven percent are cutting buyers’ purchasing power by about twenty‑two thousand dollars, even as more inventory shifts the market in their favor.

Local News · California — Morning edition, October 19, 2026

Reported by Realtor.com News, October 19, 2026. Read the full story at Realtor.com News →

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