top | item 31044929

US mortgage rates hit 5% for first time since early 2011

7 points| yblu | 3 years ago |bloomberg.com

4 comments

order

jleyank|3 years ago

10 1/4 percent fixed-rate mortgage in 1988. 5%, while a tidy sum, is nowhere near they've been.

yblu|3 years ago

Wonder what will happen to house prices. Flatten out or drop soon?

blinded|3 years ago

People still moving to lower cost areas, so houses in those areas likely to not change much until inventory improves imo.