• Fixed mortgage rates are climbing as bond yields rise • Sub-4% fixed mortgage rates are becoming scarce • The best variable mortgage rates remain in the mid- to high-3% range • July home sales fell 5.3% • Nationally, house prices may be starting to stabilize Is the housing market finally approaching its bottom? It is too early to say so, but some early signs may indicate the bottom is being set.
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Reginald Beavis@metallicdrip · 5d
Bottom ain’t in yet let’s see how this high supply lasts as summer comes to a wind down, I predict another 10% drop
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