Mortgage Interest Rate Forecast 2022 and The Housing Market. Is there an end in sigh? The last two years caught many of us off guard—and not just because of the pandemic. It also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage. But while some had hoped 2022 would bring a return to normalcy, the U.S. real estate market continues to boom, despite rising interest rates and decreasing affordability. So what’s driving this persistent demand? And is there an end in sight? Find out in this video how they could affect you if you’re a current homeowner or plan to buy or sell a home this year.
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If you are thinking about relocating, buying a second home, purchasing investment property or selling your home in the Coastal area of North Carolina including the Brunswick Beaches, all of Brunswick County and Southeastern North Carolina, please feel free to contact me by email at firstname.lastname@example.org or by phone (910) 777-9311.
Sue Singleton, Broker/REALTOR®
Coldwell Banker Sea Coast Advantage
6101 E. Oak Island Drive
Oak Island, NC 28465