The Truth About the 9% Mortgage Rate Talk
There's been some talk about whether mortgage rates could climb to 9%. Here's some perspective.
Getting there would take a rare mix of things, all lasting a full year: a booming economy with no slowdown in jobs, the Fed raising rates more than expected, and the conflict in Iran continuing to keep oil prices high.
That's an unlikely combination. So, don’t let it make you worry.
Have questions about mortgage rates? Drop them in the comments. That's what a trusted agent is for – keeping you informed so a headline never makes your decisions for you.
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