Found 1 blog entry tagged as mortgage rates.

Should You Still Buy a Home in Scottsdale With Rates Over 7%?

Mortgage rates going above 7.5% with a home in Scottsdale in the background with a calculator on the bottom

Quick Answer

Mortgage rates jumped past 7.5% at the end of September 2026, the highest level since April 2024. That raises monthly payments and shrinks buying power. But more homes are for sale and fewer buyers are shopping, so prepared Scottsdale home buyers may find better deals. The key is building a budget that works even if rates move.

If you've been watching mortgage rates lately, you might feel a little like you're checking the temperature in Phoenix in July. You already know it's going to be high. You just don't know how high.

I get a lot of texts that start with "Judy, did you see rates today?" Yes, I did. And I want to walk you through what's going on in plain English,…

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