The Beauty of High Mortgage Rates
High mortgage rates are bad. They reduce affordability, lead to fewer home sales, and can cause lots of industry-related job losses. The year 2022 has probably been the worst on record as far as mortgage rates go, with the 30-year fixed climbing from sub-3% levels to over 7%. This single-handedly shocked the housing market, leading… Read More »The Beauty of High Mortgage Rates
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