Mortgage Madness: Rates Touching 7% Again

Written By the WiRE - the Week in Real Estate
 

With a surprising rise of mortgage rates to near 7%, the episode delves into an intricate real estate forecast. The increase in rates, influenced by strong jobs data, inflation fears, and a cautious Fed, is hitting buyers hard.

Loans conforming to the standards set by Fannie Mae and Freddie Mac hit a record low. This has made it more challenging to qualify for conventional loans, leading to a slow start in January's home sales.


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the WiRE - the Week in Real Estate

The top headlines for the Week in Real Estate, presented in digestible bites.

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