09/19/2023
Record-high mortgage rates aren’t just weighing down buyers—they’re tethering sellers to their homes, too.
Homebuyers in need of good news can hang on to this nugget of hope: Home prices are unlikely to surpass the June 2022 median high of $449,000. In fact, they’re bound to start going down seasonally as we head toward the end of the year...
Read more on why the fall housing market is expected to be better for homebuyers: bit.ly/3sonXYI
Mortgage rates just jumped to their highest level in 20 years, averaging 7.09% for a 30-year fixed-rate home loan as of Aug. 17.