Interests rates are rising. Houwzer's General Manager of Home Services, Bob Griffith, was recently interviewed for a MarketWatch article titled "‘Inevitable, in the very near future.’ 4 economists and real estate pros on exactly when mortgage rates will hit 5%." Along with other industry experts, Griffith explained that inflation is likely to trigger higher rates - and that we can likely see a 5% mortgage rate before the end of the year. The article notes that demand is likely to cool down, but homebuyers should still expect healthy competition.
Houwzer GM Bob Griffith Quoted in MarketWatch Article About Interest Rate Hikes
Posted on Apr 04, 2022