Ever Higher Mortgage Rates, More Market Pressures – Housing Market Review

Ever Higher Mortgage Rates, More Market Pressures (credit: House collapse by PurpleLorikeet from Flickr)

Housing Market Intro and Summary In my last Housing Market Review, I described the dynamics of a housing market trying to wait out this cycle of rising rates. Since then, ever higher mortgage rates continued their relentless and sharp uptrend. Accordingly, the pressures on the housing market simply increased further. The marks of a deepening … Read more