Beyond 7%: The Unrelenting Surge in Mortgage Rates
"Navigating the Storm: Understanding High Mortgage Rates and Homebuying Challenges"
In the current real estate landscape, mortgage rates have remained stubbornly above 7% for over a month, leaving potential homebuyers facing daunting challenges. This article delves into the reasons behind this trend and its implications for homebuyers. Learn how high mortgage rates are impacting homebuyer demand, inventory, and pricing, and discover the crucial role the Federal Reserve plays in shaping this market.
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