
We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates.

We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates.

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market.
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If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press …
![2023 Housing Market Forecast [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2022/12/15125347/2023-Housing-Market-Forecast-MEM-1046x2665.png)

What’s Ahead for Mortgage Rates and Home Prices?
According to Realtor, the housing boom is not slowing down yet.

Mortgage rates hit record low!

Encouraging news to all home sellers! Buyers are rapidly returning to the housing market, despite uncertainty due to coronavirus.

Do you think this is an ideal time for all borrowers to lock down a mortgage rate? is it going to be worth it? According to experts, it is!

The average 30-year fixed-rate mortgage has hit the lowest point in 50 years!

Mortgage Rates Drop This Fall. The 30, 15 and 5/1 year fixed-rate were 3.73%, 3.21%, and 3.41%, respectively.

The rate at which Americans missed a mortgage payment or have entered into foreclosure are at a 20 year low.

Mortgage rates in America are slowly but surely building momentum.
The average 30-year, fixed rate mortgage is now up for the second straight week...
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