Housing market continues to feel the rise of interest rates

“I’m seeing that buyers are either having to look at lower prices of houses,” Lorie Blythe, a realtor with The Stewart Home Group said.One of her clients is Theresa Hammons. Hammons has lived in her west side home for more than a year now and has been in the process of searching for her next dream home.

Experts believe that the Interest rates for 30-year fixed-rate mortgages have jumped from about 3% to about 6% in the last year alone. Hammons will tell you, the last year or so has been a bit of a challenge due to the ever-changing housing market and the rising interest rates that go with it.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

The housing market is cooling. What’s it like in your area?After years of a hot housing market, rising interest rates and record prices are having a chilling effect. See what it's like in your area: FJB Another Biden 'success', as the Democrats call these things.
منبع: washingtonpost - 🏆 95. / 72 ادامه مطلب »