Article Summary: What Happened to Mortgage Rates?

Key Points:

– Experts predicted a decrease in mortgage rates by late 2023.
– Current rates have not followed this predicted trend.
– The housing market is experiencing unexpected fluctuations.

My Hot Take:

Mortgage rates were supposed to go down like a deflating balloon, but it seems someone forgot to let the air out! The housing market’s unpredictability is keeping everyone on their toes. Perhaps we should all just put our money in a piggy bank and hope for the best!
Original article: https://www.biggerpockets.com/blog/on-the-market-207