High mortgage rates have been identified as a key reason why potential home buyers are hesitant to enter the market. However, a recent survey indicates that the impact of these rates may not be as significant as initially anticipated. Analysts suggest that while rates have indeed risen, they are still relatively low compared to historical averages.
Key points from the survey:
– High mortgage rates are a prominent concern for potential home buyers
– The actual impact of these rates may be less severe than feared
– Rates are still comparatively low when viewed in a historical context.
You can read this full article at: https://www.housingwire.com/articles/mortgage-rates-arent-deterring-every-buyer-bright-mls/(subscription required)
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