Market Update

Home prices rise but rates hold steady, for now

Home prices rise but rates hold steady, for now

Mortgage interest rates continue to stay low and steady as the American economy slogs forward with its recovery during the pandemic. Now, it’s more likely that rates will stay that way for a little bit longer after a dismal jobs report released by the Labor department earlier this month. The good news is that this is giving potential homebuyers a little more time to house hunt and find a good option in the midst of skyrocketing home prices.

Continue reading Home prices rise but rates hold steady, for now at Movement Mortgage Blog.

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