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Mortgage Rates

Leave a Comment / Uncategorized / By Joy Cooper

During the past year, around 15 million potential homebuyers may have been priced out of the market.

Learn more at https://betterhomeowners.com/…/As-Mortgage-Rates-Increase

May be an image of text that says 'As mortgage rates increase, the market of potential homebuyers decrease (and vice versa) While 26 million mortgage-ready potential homebuyers had the capacity to afford a $400,000 mortgage at a 3% interest rate, the total falls by to million with each Mac percentage Freddie gain. Source If Rates are: 4% 5% 6% 7% 8% Size of Adjusted Market 22 million homebuyers. 18 million homebuyers. 15 million homebuyers. 12 million homebuyers. 9 million homebuyers. BetterHomeowners.com'

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