Market Perspective

Homebuyers Feel The Burn As They Race Against Rising Rates

Mortgage rates have reached their highest levels in three years [1], and homebuyers are sprinting to keep pace before getting priced out of the market.


As the year goes on, higher rates and home prices will continue to squeeze buyers’ budgets. Homebuyers looking to purchase in 2022 should act now to get ahead of rising rates.


 

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