Understanding the Current Mortgage Market
Discover the hidden truths behind the perplexing realm of mortgage rates in today's evolving market. Gain clarity on historical averages, rare deviations, and the potential frenzy triggered by favorable rates.
Real Estate Market 2023
Explore the transformative impacts of recent global events on the real estate market. Understand the nuances of the current landscape and what to expect in the future as we navigate through an era of change.
Experts Predict Drop in Mortgage Rates for 2023 Amid US Economic Changes
With record-breaking annual increases in mortgage rates in 2022, experts predict a drop in mortgage rates for 2023 as inflation declines and the US economy prepares for a possible mild recession. While lower mortgage rates may attract homebuyers who were previously unable to afford homes, the affordability challenge persists due to the supply shortage. In this article, we explore what the experts are saying about the state of mortgage rates, how to get the best rates in the fluctuating market, and how to navigate the market in 2023.