Erealtyprofessionals

What goes up, must come down!

How fast your local housing market is adding inventory amid the Great Deceleration, as told by one interactive chart As mortgage rates approached 5% this spring, inventory levels began to rise.

https://www.forbes.com/advisor/mortgages/mortgage-rates-06-06-22/

Current National Mortgage Rates: June 6, 2022—Rates Move Up 30-year fixed mortgage rates increased today. The average rate on a 30-year fixed mortgage is 5.48%, according to Bankrate.com, while the average rate on a 15-year mortgage is 4.67%. On a 30-year jumbo mortgage, the average rate is 5.45%, and the average rate on a 5/1 ARM is 3.91%. Related: C