Mortgage Rates SKYROCKET to 5% and... Pending Home Sales Decline
Get Connected To a GREAT Real Estate Agent in Your Area https://homeandmoney.com/jason The average 30yr fixed rate mortgage surged to nearly 5% this week to the highest levels since November 2018! Mortgage rates have now skyrocketed 1% in the last ~3 weeks! In today’s housing market update, I share some possible ramifications of this surge in interest rates and what would need to happen for a housing market crash. *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240). This post may include affiliate links (if you purchase anything through these affiliated links, the author may earn a commission).
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I post frequent housing market updates and real estate related topics for the USA so you can make a more informed decision about whether or not to buy/sell a house.