{"id":99,"date":"2026-10-15T15:00:00","date_gmt":"2026-10-15T15:00:00","guid":{"rendered":"https:\/\/www.davidrosenfeld.com\/blog\/?p=99"},"modified":"2026-10-15T15:00:00","modified_gmt":"2026-10-15T15:00:00","slug":"waiting-for-lower-mortgage-rates-could-cost-los-angeles-first-time-homebuyers-more-than-they-expect","status":"publish","type":"post","link":"https:\/\/www.davidrosenfeld.com\/blog\/2026\/10\/15\/waiting-for-lower-mortgage-rates-could-cost-los-angeles-first-time-homebuyers-more-than-they-expect\/","title":{"rendered":"Waiting for Lower Mortgage Rates Could Cost Los Angeles First-Time Homebuyers More Than They Expect"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>As someone who has worked closely with first-time buyers here in Los Angeles, I see firsthand how challenging it can be to navigate today\u2019s market\u2014especially with a median home price of $946,950 and 30-year mortgage rates hovering around 6.67%. While it\u2019s tempting to hold out for lower rates, it\u2019s important to consider all the factors that shape affordability: your down payment, available assistance programs, credit profile, and cash reserves. In my experience, focusing on your own financial readiness\u2014rather than waiting for the perfect conditions\u2014often leads to the best outcomes. Every buyer\u2019s path is unique, and putting your needs first is always my priority.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.einnews.com\/pr_news\/945740693\/waiting-for-lower-mortgage-rates-could-cost-los-angeles-first-time-homebuyers-more-than-they-expect\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As someone who has worked closely with first-time buyers here in Los Angeles, I see firsthand how challenging it can be to navigate today\u2019s market\u2014especially with a median home price of $946,950 and 30-year mortgage rates hovering around 6.67%. While it\u2019s tempting to hold out for lower rates, it\u2019s important to consider all the factors [&hellip;]<\/p>\n","protected":false},"author":106,"featured_media":100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-99","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/posts\/99","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/comments?post=99"}],"version-history":[{"count":1,"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/posts\/99\/revisions"}],"predecessor-version":[{"id":101,"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/posts\/99\/revisions\/101"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/media\/100"}],"wp:attachment":[{"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/media?parent=99"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/categories?post=99"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.davidrosenfeld.com\/blog\/wp-json\/wp\/v2\/tags?post=99"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}