Mortgage Rates Could Drop to 5.4% In 2023—Here’s What That May Mean for Home Prices
Pro Builder
OCTOBER 24, 2022
Our forecast is for home-price growth moderation to continue,” Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association, said Sunday during the organization’s annual conference in Nashville, Tenn. by the end of next year, leading to a steady flattening of home price growth rather than a sharp dropoff.
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