Market Update Archives - Movement Mortgage Blog
Rates, inventory and prices hitting the trifecta for potential homebuyers
Market Update

Rates, inventory and prices hitting the trifecta for potential homebuyers

Economic volatility to start the year pushed mortgage interest rates rapidly upward. Paired with skyrocketing home prices and extremely low inventory, many potential homebuyers quite frankly couldn’t afford to buy. Well, it seems that trend is changing. The latest 30-year fixed-rate mortgage average for Freddie Mac shows we dipped back below 5%, hitting 4.99% for … Continued