What will happen to home prices if mortgage rates stay high this year? Experts weigh in
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Elevated mortgage interest rates could have an impact on home prices this year. Getty Images/iStockphoto If you've been waiting this past year for mortgage rates to drop before buying a home, it's …
Elevated mortgage interest rates could have an impact on home prices this year. Getty Images/iStockphoto If you've been waiting this past year for mortgage rates to drop before buying a home, it's understandable if your patience is wearing thin. Whenever rates have cooled, they haven't stayed down for long. According to FreddieMac data, the average 30-year fixed rate dipped below 6% in late February, then climbed right back to almost 6.5% by early April . …
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