articles purchase-mortgage-rates-rise-closer-to-6-mark 
Listing Spark
FEBRUARY 7, 2024
In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year. Looking closer, Austin saw values climb to over $600,000 in June and then fall to $523,250 by December. A 13% decline over a 6 month span was painful to endure for Austinites.
Will Springer Realtor
OCTOBER 11, 2022
At what point will mortgage interest rates peak? That’s the million-dollar question and the answer is closely tied to the government’s ability to stem inflation, which makes the cost of our question closer to $1,085,000. Many economists believe the Fed will keep raising short-term rates until it reaches about 4.6%, another 1.5
Will Springer Realtor
MAY 9, 2023
Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%.
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