Mortgage Rates Soar to Highest Levels Since September, Impacting the Spring Housing Market!

Highlights: – Mortgage rates have escalated to their highest point since September, reflecting growing bond yields influenced by geopolitical tensions. – The average 30-year fixed mortgage rate now stands at 6.41%, affecting homebuying costs and overall market sentiment. – Despite rising rates, mortgage demand saw an unexpected uptick, but forecasts suggest a challenging spring season […]