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Real Estate News: Real Estate Investing Podcast

Kathy Fettke / RealWealth

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Mortgage Rates Hit 7.4%, Highest Since 2023

Mortgage rates have climbed for seven straight weeks, hitting 7.4% — their highest level since 2023. Rising inflation concerns, bond market volatility, and higher borrowing costs are putting even more pressure on an already sluggish housing market. Kathy Fettke breaks down what's driving rates higher, how they're impacting homebuyers and real estate investors, and where opportunities may still exist.   🏘️ Looking for a rental property with a lower mortgage rate? RealWealth works with builders across the country offering rates as low as 3.25% on select properties. Visit www.RealWealth.com/Schedule to meet with an investment counselor for free and explore opportunities before the end of the year.   Source: https://apnews.com/article/mortgage-10year-interest-rates-home-sales-e9badb974fbb8e3f7ca2ae25fbe556fa

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