Auto Added by WPeMatico
Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling.
If the housing market feels confusing right now, you’re not alone.
Let’s be real with each other for a second about affordability.
There’s a lot of uncertainty right now and that’s leading to some dramatic headlines.
With economic headlines, global events, and near constant talk about affordability, you may be wondering if this is the right time to move.
If you’ve been looking for a home lately, you’ve probably felt how tough affordability still is.
Mortgage rates have been volatile lately. And if you’re thinking about buying a home, that can make it harder to plan.
Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range.
If you’re planning to buy a home this year, you may be focused on the spring market.
If you’re one of the thousands of homebuyers waiting for rates to fall, you should know it’s already happening.