Are High Mortgage Rates the New Norm?
Over the past few years, mortgage rates have been steadily climbing, attracting significant attention from the media. Those who have been keeping tabs on the headlines may have noticed that rates have recently reached their highest point in over two decades, as illustrated in the graph below. For those contemplating a significant move, this uptick in rates might feel like an unexpected setback. If you’re deliberating whether to postpone your plans or forge ahead, here’s the essential information you need. Understanding the Impact of Elevated Mortgage Rates There’s no denying that mortgage rates are currently higher than they have been […]
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