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Daily Archives: January 18, 2023

think twice about waiting for 3 percent mortgage rates KCM

Think Twice Before Waiting for 3% Mortgage Rates

Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, News & InsightsJanuary 18, 2023

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press…

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