Dear Monty: I recently read that markets can change rapidly in neighborhoods. The term “hyperlocal markets” appeared in one of your recent columns. I am an experienced real estate agent and have yet to hear of this concept. I am not challenging the conclusion, but curious to know how you determined it. Do you have…
Mortgage Rate Forecast in June 2022: Recession Worries May Keep Rates in Check
June 14, 2022
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By Erik J. Martin From Bankrate.com Many factors are putting upward and downward pressure on mortgage rates, and prospective borrowers have observed a seesaw pattern in the cost to finance a home recently. While the benchmark 30-year rate has climbed from a 5.22 percent average a month ago, it dropped slightly in late May, backing…
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