Stewards, Not Speculators: How historic home buyers navigate rising interest rates

When mortgage rates spike overnight, the residential real estate market generally feels an immediate chill. Last week, average 30-year fixed mortgage rates jumped to nearly 7.50%—up significantly from 6.30% at this time last year. At the same time, the 10-year Treasury yield climbed past 5.3%, touching its highest level in two decades. For a prospective […]