An economic shock just hit the housing market

An economic shock just hit the housing market

  • Living On Whidbey
  • 03/24/22

"The real estate industry knew higher mortgage rates were coming—but they didn't expect it to be this high. Indeed, heading into the year, Fannie Mae predicted that the 30-year fixed mortgage rate would average 3.3% in 2022 and 3.5% in 2023."

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