# Mortgage Rates: What’s Going On in the Housing Market?
## Key Points:
– In late 2023, experts predicted a decrease in mortgage rates.
– However, rates are currently still in the high to mid six percent range.
– The housing market has shown unexpected resilience, defying expectations.
### Hot Take:
It seems like even mortgage rates don’t like to follow the rules! The housing market is pulling a plot twist that even experts didn’t see coming. Maybe it’s time for mortgage rates to turn over a new leaf and give us all a pleasant surprise.Original article: https://www.biggerpockets.com/blog/real-estate-979
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