01/01/2022
Higher mortgage rates are coming. What could it mean for homebuyers?
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Evangelou expects mortgage rates to rise to 3.7% by the end of next year. Home price increases will slow down partly as a consequence of interest rate hikes by the Federal Reserve, says Lawrence Yun, chief economist at the NAR. Yun expects the 30-year fixed mortgage rate to increase to 3.5% by the e...