Here’s Why Mortgage Rates Are What They Are Right Now

If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while.
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If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while.

If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while.

Imagine waiting a year to buy a home, only to find mortgage rates haven’t changed much. That may sound frustrating. But it’s a real possibility.

Imagine waiting a year to buy a home, only to find mortgage rates haven’t changed much. That may sound frustrating. But it’s a real possibility.

Buying or selling a home is a big financial decision. And right now, it feels even bigger.

Buying or selling a home is a big financial decision. And right now, it feels even bigger.

You may be hearing that a near-record number of homeowners are pulling their houses off the market.

You may be hearing that a near-record number of homeowners are pulling their houses off the market.

Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling.

Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling.