Mortgage Rates take a Breather

Market Trend

Mortgage Rates take a Breather

**Photo from MarketWatch**
So far in 2018 the 30-year-fixed has averaged 4.44%, up from 3.99% in 2017. Experts have expected rates to rise to 5.0% by the end of the year. But we're now experiencing a slight down tick in mortgage rates. Are buyers starting to rebel against the rapidly increasing home prices and increasing interest rates which prices them out of the market?

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May 2, 2022 Market Trend