Mortgage Rates Falling: Where Will Mortgage Rates be in the Fall of 2023?
It is likely there will be strong demand for housing if mortgage rates keep dropping in 2023. Median list prices are still up 4.4% over last year and home prices are likely to be within a couple percent of the current prices.
In this housing market update we will talk about the forecast for 2023 and what is likely to happen in mortgage interest rates and home prices.