01/13/2023
Now is a great time to buy! They market has slowed down significantly and there are more homes on the market. Although interest rates have risen, don't expect them to come down anytime soon. I can remember the day when 6% interest rate was a great rate! Don't let that stop you.
Perhaps, the worst is over for mortgage rates—at least for the time being. Rates for home loans seemed to be on a relentless climb in 2022, now sitting at double what they were a year ago. But a steady decline in rates the past two months have convinced more economists that rates could level off