RISING INFLATION, RATES TRIP UP HOUSING MARKET
Will Springer Realtor
JULY 8, 2022
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. Home shoppers often focus on the direction of mortgage interest rates, which have jumped more than two percentage points this year alone to a range of 5.75%-6.0%
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