UPDATE!!! Zillow just released their NEW housing market predictions for 2022. Will home prices fall in 2022 and will mortgage interest rates shoot up for the US real estate market? Are they predicting a housing crash or for new records to be broken? Will housing inventory eventually increase giving homebuyers more options which will entice more homeowners to list their houses for sale? Or… will homebuyer demand increase and mortgage rates stay below 4%? Comment below with your housing market forecast for 2022.
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To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is 3.70% for the current mortgage rates (at the time of filming this video). This is mixed news if you’re a homebuyer right now or if you’re a homeowner looking to refinance.
Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?
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Originally published at https://www.youtube.com/watch?v=zJs1MfTjsAA
This news story originally appeared at Real Estate - Trend Magazine on 9 May 2022