Finally, Some Good News for Housing!
Anyone who’s followed the housing market in the last year knows that it’s been a particularly nasty environment for home sales. Last year’s rate hikes resulted in fewer mortgage applications and home purchases. Mortgage applications at the end of 2022 were at their lowest level in almost 25 years. Finally, there are new numbers that show that the story is starting to change. Mortgage rates have fallen by 0.93% from their Nov. high. The average […]