RISING INFLATION, RATES TRIP UP HOUSING MARKET
Will Springer Realtor
JULY 8, 2022
Our shrinking wallets have people delaying bigger purchases or at least looking for bargains when possible – including homes. This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. for 30-year conventional financing.
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