Despite Uptick, Buyers Responding to Current Rate Environment

by Beth McGuire

The average mortgage rate remaining at or around the low 6% range continues to spur buyer activity, but economists warn it may not be enough to create a much-needed market shift in the face of ongoing economic uncertainty and wartime market volatility. The average mortgage rate ticked up 11 basis points to 6.11% this week,… The post Despite Uptick, Buyers Responding to Current Rate Environment appeared first on RISMedia.

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