Mortgage Rates Are Back at 7% — Here’s What It Means for Buyers, Homeowners & Renters

Mortgage rates are back around 7%, and they may not come down as soon as you think. In this episode of Moving Sucks, Seth explains how we got here, why the Fed alone can’t fix it, and what smart buyers should be doing right now.

You’ll learn the real relationship between the Federal Reserve, the 10-year Treasury, and the mortgage rate you’ll actually be quoted. Seth also explains how global oil and diesel supply problems are pushing inflation higher, why new Fed Chair Kevin Warsh may not deliver the rate cuts many expected, and what the upcoming midterms could mean for rates.

Most importantly, he covers what to do about it:

🏠 Should you still buy a house with rates around 7%?

📈 Why inflation will keep pushing rents higher

🔒 How owning locks in your housing costs while renting stays unpredictable

💰 Why you should focus on your monthly payment, not just the rate

⚠️ Why anyone with a HELOC or variable-rate debt should be paying attention

📅 When rates might realistically start coming down

High rates don’t mean you should give up on homeownership. It just has to be the right move. Skip the headlines and online calculators. Get educated, talk to a lender, and know your numbers before you decide.

⏱️ CHAPTERS

00:00 Mortgage Rates Are Back at 7%

00:49 Seth Is Back: Why This Episode Matters

03:28 Who Is New Fed Chair Kevin Warsh?

04:20 Does the Fed Actually Set Mortgage Rates?

05:22 How Inflation and Interest Rates Work

07:51 How the Oil Crisis Is Driving Inflation

11:03 Should You Buy a House at 7% Rates?

12:48 Renting vs. Owning: The Real Costs

15:27 Will Mortgage Rates Go Down Soon?

16:27 How the Midterm Elections Could Affect Rates

18:36 Get Educated Before You Buy

20:23 Wrap Up: What Do You Think Rates Will Do?

📍 Based in the Philadelphia area, with trusted realtors and lenders across the country.

📲 Got questions? Reach out:

Instagram: @‌AskSethAnything

Instagram: @‌MovingSucksPodcast

👇 Comment below: Do you think rates will go up, stay the same, or come down? Don’t forget to like and subscribe for more honest real estate talk.

#MortgageRates #HousingMarket #FirstTimeHomeBuyer #RealEstate #Inflation #FederalReserve #InterestRates #RentVsBuy #HomeBuying #MovingSucksPodcast #PhiladelphiaRealEstate #RealEstate2026

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