Four years after mortgage rates surged from their COVID-19 pandemic-era lows, the national housing market remains stuck. However, an “unlocking” is on the horizon for a select group of metros across the Midwest and South if borrowing costs continue to retreat. The average rate on 30-year fixed home loans fell to 6.01% on Thursday, a three-year low that is beginning to close the “rate gap” for selle…
The Housing Markets Positioned To ‘Unlock’ Fast if Mortgage Rates Plunge







