Earlier this year, mortgage interest rates came off their 2022 highs and settled in the 6% range, providing a small break for those in the housing market.
That respite is now over. In recent weeks, rates have shot back above 7% and are now rapidly approaching 8%. The recent surge threatens to scramble the economic calculus for both buyers and sellers.
If you’ve put a pause on your decision to buy or sell a home because of high rates, The Times would like to speak with you. Please fill out the form below.
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- Source: https://www.latimes.com/business/story/2023-10-30/home-buying-high-interest-rates-real-estate-survey
