The REALTOR® Edit | February 9, 2023
In 2022, interest rates skyrocketed putting some much-needed pressure on the housing market after home prices hit record highs; and since December, mortgage rates have been on a steady decline. As of last week, the 30-year fixed-rate inched closer to 5%, at 6.09%, down from 6.13% the week prior. This is almost one point lower than…