Hi, I’m Lauren Hatmaker, welcome back to the Local Mortgage Report.

Today we are going to talk about predicting the market. What will interest rates do? What will home prices do?

Interest rates continue to rise. We see interest rates going from the low 7’s to the 8’s.

Locally, it seems unlikely that prices will come down very far. So – if you think you’ll be ready to buy in the next 1 – 2 years, make sure you talk to an independent mortgage broker.

We can find you the best interest rate for the house you want to buy now.