{"id":55546,"date":"2016-12-05T09:13:13","date_gmt":"2016-12-05T17:13:13","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=55546"},"modified":"2020-10-06T17:08:10","modified_gmt":"2020-10-07T00:08:10","slug":"how-will-homebuyers-react-to-mortgage-rate-increases","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/","title":{"rendered":"How Will Homebuyers React to Mortgage Rate Increases?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Last week, rates for a 30-year-fixed mortgage crept up to 4.08 percent, according to the most recent numbers released by <\/span><a href=\"http:\/\/www.freddiemac.com\/pmms\/\"><span style=\"font-weight: 400;\">Freddie Mac<\/span><\/a><span style=\"font-weight: 400;\">. That\u2019s an increase of a little over half a percent in just three weeks, and the highest rate seen since July of 2015. <\/span><br \/>\n<span style=\"font-weight: 400;\">How will homebuyers react? A Redfin survey in early November asked just that. The majority of homebuyers said that rates were \u201cvery important\u201d or \u201cimportant\u201d in their decision to buy, according to a survey of 2,415 users of <a href=\"https:\/\/redfindevelop.wpengine.com?utm_source=blog&amp;utm_medium=post&amp;utm_content=real_estate&amp;utm_campaign=1002170\">Redfin.com<\/a> who said they would buy a home soon, or were currently under contract.<\/span><\/p>\n<p style=\"text-align: center;\"><b>How important are mortgage rates in your decision to buy?<\/b><\/p>\n<p>[redfin_table file=&#8221;https:\/\/redfin.com\/blog\/wp-content\/uploads\/2016\/12\/For-Natalie.csv&#8221; footnote=&#8221;&#8221;][\/redfin_table]<br \/>\n<span style=\"font-weight: 400;\">Nearly half of respondents said that if rates increased a point or more, they\u2019d look for a less expensive home, while only 7.5 percent said they\u2019d give up on their search.<\/span><\/p>\n<p style=\"text-align: center;\"><b>If rates increased by a point or more, how would it affect your decision to buy?<\/b><\/p>\n<p>[redfin_table file=&#8221;https:\/\/redfin.com\/blog\/wp-content\/uploads\/2016\/12\/Mortgage-chart-1.csv&#8221; footnote=&#8221;&#8221;][\/redfin_table]<br \/>\n<span style=\"font-weight: 400;\">Rates have only increased half a point since the question was asked, but the decision to purchase a home is often related to more than just the prevailing economic conditions. <\/span><br \/>\n<span style=\"font-weight: 400;\">\u201cMost buyers are looking for a home because of their personal economy, such as an expanding or shrinking family, or a job relocation, rather than only because of the broader economy,\u201d said Redfin real estate agent Danielle Field in <a href=\"https:\/\/redfin.com\/city\/12262\/KY\/Louisville\/filter\/sort=hi-price? utm_source=blog&amp;utm_medium=post&amp;utm_content=real_estate&amp;utm_campaign=1002170\">Louisville<\/a>. \u201cYes, a few people will be kept from the market because of interest rates, but for many people moving homes just isn\u2019t something you can time to the market like the buying or selling of a stock.\u201d<\/span><br \/>\n<span style=\"font-weight: 400;\">While low rates are nice, a hike likely isn\u2019t enough to toss most people out of the market entirely, particularly when rates remain low by historical standards. <\/span><br \/>\n<strong>About the Survey<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">This Redfin survey was conducted between November 7 and 11 and includes responses from 2,415 users of Redfin.com in 38 states and Washington, D.C, all of whom confirmed that they had recently or were planning to buy a home. \u00a0<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Specifically, only responses were considered from respondents who said one of the following when asked \u201cAre you planning to buy a home?\u201d: \u201cYes, I am under contract,\u201d \u201cYes, in less than 3 months,\u201d \u201cYes, in the next 3-6 months,\u201d or \u201cYes, in the next 7-12 months.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yes, homebuyers have seen mortgage rate increases of over half a percent in the past three weeks. But according a Redfin survey, most are still buying.<\/p>\n","protected":false},"author":13053,"featured_media":49005,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[74,35],"coauthors":[],"class_list":["post-55546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","tag-mortgage-tips","tag-redfin-surveys"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Will Homebuyers React to Mortgage Rate Increases? - Redfin Real Estate News<\/title>\n<meta name=\"description\" content=\"Yes, homebuyers have seen mortgage rate increases of over half a percent in the past three weeks. But according a Redfin survey, most are still buying.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Will Homebuyers React to Mortgage Rate Increases?\" \/>\n<meta property=\"og:description\" content=\"Yes, homebuyers have seen mortgage rate increases of over half a percent in the past three weeks. But according a Redfin survey, most are still buying.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2016-12-05T17:13:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-07T00:08:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/05\/Piggy-bank-mortgage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"787\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Starace\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alex Starace\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/\"},\"author\":{\"name\":\"Alex Starace\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/2e4cf48161e5650d0f478608684eea95\"},\"headline\":\"How Will Homebuyers React to Mortgage Rate Increases?\",\"datePublished\":\"2016-12-05T17:13:13+00:00\",\"dateModified\":\"2020-10-07T00:08:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/\"},\"wordCount\":411,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/Piggy-bank-mortgage.jpg\",\"keywords\":[\"Mortgage Tips\",\"Redfin surveys\"],\"articleSection\":[\"Housing Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#respond\"]}],\"copyrightYear\":\"2016\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/\",\"name\":\"How Will Homebuyers React to Mortgage Rate Increases? - Redfin Real Estate News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/Piggy-bank-mortgage.jpg\",\"datePublished\":\"2016-12-05T17:13:13+00:00\",\"dateModified\":\"2020-10-07T00:08:10+00:00\",\"description\":\"Yes, homebuyers have seen mortgage rate increases of over half a percent in the past three weeks. But according a Redfin survey, most are still buying.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/Piggy-bank-mortgage.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/Piggy-bank-mortgage.jpg\",\"width\":1200,\"height\":787},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/how-will-homebuyers-react-to-mortgage-rate-increases\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Will Homebuyers React to Mortgage Rate Increases?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/2e4cf48161e5650d0f478608684eea95\",\"name\":\"Alex Starace\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/Redfin-2025-Logo-B-150x150.jpgb98d1f204d143aab6d4240c534a1657e\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/Redfin-2025-Logo-B-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/Redfin-2025-Logo-B-150x150.jpg\",\"caption\":\"Alex Starace\"},\"description\":\"Alex provides journalists with the information they need for their stories. Prior to joining Redfin, he was a freelance writer who wrote extensively on the ins and outs of condo purchasing. He also covered luxury goods, with a minor in book reviews. He lives in Chicago and is lucky enough to be able to walk to work. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our \\\"Why Redfin?,\\\" page.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/alex-staraceredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How Will Homebuyers React to Mortgage Rate Increases? - Redfin Real Estate News","description":"Yes, homebuyers have seen mortgage rate increases of over half a percent in the past three weeks. But according a Redfin survey, most are still buying.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/","og_locale":"en_US","og_type":"article","og_title":"How Will Homebuyers React to Mortgage Rate Increases?","og_description":"Yes, homebuyers have seen mortgage rate increases of over half a percent in the past three weeks. But according a Redfin survey, most are still buying.","og_url":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2016-12-05T17:13:13+00:00","article_modified_time":"2020-10-07T00:08:10+00:00","og_image":[{"width":1200,"height":787,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/05\/Piggy-bank-mortgage.jpg","type":"image\/jpeg"}],"author":"Alex Starace","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Alex Starace","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/"},"author":{"name":"Alex Starace","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/2e4cf48161e5650d0f478608684eea95"},"headline":"How Will Homebuyers React to Mortgage Rate Increases?","datePublished":"2016-12-05T17:13:13+00:00","dateModified":"2020-10-07T00:08:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/"},"wordCount":411,"commentCount":0,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/05\/Piggy-bank-mortgage.jpg","keywords":["Mortgage Tips","Redfin surveys"],"articleSection":["Housing Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#respond"]}],"copyrightYear":"2016","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/","url":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/","name":"How Will Homebuyers React to Mortgage Rate Increases? - Redfin Real Estate News","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/05\/Piggy-bank-mortgage.jpg","datePublished":"2016-12-05T17:13:13+00:00","dateModified":"2020-10-07T00:08:10+00:00","description":"Yes, homebuyers have seen mortgage rate increases of over half a percent in the past three weeks. But according a Redfin survey, most are still buying.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/05\/Piggy-bank-mortgage.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/05\/Piggy-bank-mortgage.jpg","width":1200,"height":787},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/how-will-homebuyers-react-to-mortgage-rate-increases\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"How Will Homebuyers React to Mortgage Rate Increases?"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/2e4cf48161e5650d0f478608684eea95","name":"Alex Starace","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/06\/Redfin-2025-Logo-B-150x150.jpgb98d1f204d143aab6d4240c534a1657e","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/06\/Redfin-2025-Logo-B-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/06\/Redfin-2025-Logo-B-150x150.jpg","caption":"Alex Starace"},"description":"Alex provides journalists with the information they need for their stories. Prior to joining Redfin, he was a freelance writer who wrote extensively on the ins and outs of condo purchasing. He also covered luxury goods, with a minor in book reviews. He lives in Chicago and is lucky enough to be able to walk to work. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our \"Why Redfin?,\" page.","url":"https:\/\/www.redfin.com\/news\/author\/alex-staraceredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/55546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13053"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=55546"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/55546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/49005"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=55546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=55546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=55546"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=55546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}