Mortgage rates have now moved above 7%, and I told Forbes that I would not be surprised to see them reach 7.5% or higher by the end of the year.
For buyers and sellers, the headline rate is important, but it is only one part of the decision. Price, monthly costs, liquidity, and long-term plans all need to be considered together, particularly in today’s market. For the full article Forbes
Thank you to Lindsey Crossmier for including my perspective.