Rise above the panic, for the housing market’s sake
Housing Wire
APRIL 7, 2023
While an influx of defaults could certainly harm banking institutions, this is the fear-mongering I advise my team and my clients to avoid. compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%.
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