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Real Wealth Show: Real Estate Investing Podcast

What Are Homebuyers Doing About Higher Mortgage Rates Channel

26min2022 JUL 16
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Mortgage rates did a big turn-around over the last two weeks. The 30-year fixed-rate mortgage dropped a half a percentage point to an average of 5.3%. That’s not as low as it was this time last year, but the two-week difference in rates is saving homebuyers about $100 dollars in monthly mortgage payments. Will these lower rates last? In today’s episode, you’ll hear from Lending Tree’s Senior Economic Analyst, Jacob Channel.

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