Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some ... » Learn More about Think Twice Before Waiting for 3% Mortgage Rates
mortgage rates
What Experts Are Saying About the 2023 Housing Market
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated ... » Learn More about What Experts Are Saying About the 2023 Housing Market
Expert Forecasts on Mortgage Rates
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide ... » Learn More about Expert Forecasts on Mortgage Rates
Start Your Home Search Today
If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious ... » Learn More about Start Your Home Search Today
The Scoop on Mortgage Rates
It's hard to miss the ongoing news coverage of today's mortgage rates. A year ago, we were marveling at the uber low rates that helped, in part, to drive a hot seller's market. Now rates have risen, and what does that mean for buyers and sellers? I hopped on a Zoom with colleague and ... » Learn More about The Scoop on Mortgage Rates
